Copper Market News Directory

More Market Watchers Questioning Copper Surplus

Mineweb reported that the idea that there will be a copper market surplus this year is being questioned by more and more market participants. While some anticipate a more balanced scenario, others are predicting a deficit.

Copper Price Hits $6,095 Per Tonne

Copper prices remained relatively stable on the LME Tuesday, and rose 0.5 percent to $6,095 a tonne while investors awaited further information from the Federal Reserve meeting slated to begin today that could yield more news about a potential interest rate hike, Bloomberg reported.