“China is the world’s largest copper consumer, accounting for almost 40% of world consumption last year,” according to the report. “Copper prices have lost nearly 25% since the start of 2011 as a deepening Eurozone debt crisis and fears over a ‘hard landing’ in China pushed investors to liquidate assets such as industrial metals. Copper is sensitive to the economic growth outlook because of its widespread uses across industries.”
First Trust ISE Global Copper Index Fund (NYSArca: CU) and Global X Copper Miners ETF (NYSEArca: COPX) track miner stocks.
iPath Dow Jones UBS Copper ETN
