Key Facts
Copper futures fell roughly 5% in the Thursday, September 10 session, retreating from levels above US$6.85 per pound to quotes near US$6.44–6.53.
CPER tracker dropped 4.90% to US$39.04, reflecting the sharp pullback in the copper futures curve rather than physical spot metal.
Southern Copper shares slumped 7.23% to US$194.14 in New York trading, the steepest move among the major copper producers tracked.
Freeport-McMoRan fell 6.59% to US$71.21, as investors reassessed exposure to copper after a strong run-up into record highs.
