Front Month Comex Copper for October delivery lost 27.25 cents per pound, or 7.34% to $3.4420 this quarter
--Down for two consecutive quarters
--Down $1.301 or 27.43% over the last two quarters
--Largest two quarter net decline since the fourth quarter of 2008
--Largest two quarter percentage decline since the first quarter of 2009
--This month it is down 7.65 cents or 2.17%
--Largest one month net and percentage decline since July 2022
--Down for six consecutive months
--Down $1.301 or 27.43% over the last six months
--Largest six month net decline since Feb. 2009
--Largest six month percentage decline since March 2009
--Longest losing streak since Dec. 2008 when the market fell for six straight months
--This week it is up 7.30 cents or 2.17%
--Largest one week net and percentage gain since the week ending Sept. 9, 2022
--Snaps a two week losing streak
--Today it is up 0.20 cent or 0.06%
--Up for four consecutive sessions
--Longest winning streak since Thursday, Aug. 11, 2022, when the market rose for six straight sessions
--Highest settlement value since Thursday, Sept. 22, 2022
--Off 30.17% from its 52-week high of $4.929 hit Friday, March 4, 2022
--Up 7.21% from its 52-week low of $3.2105 hit Thursday, July 14, 2022
--Down 17.92% from 52 weeks ago
--Off 30.17% from its 2022 settlement high of $4.929 hit Friday, March 4, 2022
--Up 7.21% from its 2022 settlement low of $3.2105 hit Thursday, July 14, 2022
--Off 30.17% from its record high of $4.929 hit Friday, March 4, 2022
--Year-to-date it is down $1.013 or 22.74%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
09-30-22 1405ET