Front Month Comex Copper for January delivery lost 2.45 cents per pound, or 0.58% to $4.2240 this week
--Largest one week net and percentage decline since the week ending Dec. 16, 2022
--Snaps a five week winning streak
--Today it is down 4.30 cents or 1.01%
--Largest one day dollar decline since Thursday, Dec. 22, 2022
--Largest one day percentage decline since Tuesday, Jan. 3, 2023
--Down three of the past four sessions
--Lowest settlement value since Tuesday, Jan. 17, 2023
--Off 14.30% from its 52-week high of $4.929 hit Friday, March 4, 2022
--Up 31.57% from its 52-week low of $3.2105 hit Thursday, July 14, 2022
--Down 1.84% from 52 weeks ago
--Off 1.01% from its 2023 settlement high of $4.267 hit Thursday, Jan. 26, 2023
--Up 12.96% from its 2023 settlement low of $3.7395 hit Wednesday, Jan. 4, 2023
--Off 14.30% from its record high of $4.929 hit Friday, March 4, 2022
--Month-to-date it is up 11.00%
--Year-to-date it is up 41.85 cents or 11.00%
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
01-27-23 1353ET