Copper Rallies to Two-Month High
Copper prices climbed over $9,500 per tonne for the first time in two-months Monday, as supply concerns ushered investors back into the copper market.
Articles Tagged "China copper"
Copper’s Peak Demand Season Approaching
The second quarter is China’s peak demand period- it is usually during this time that the world’s top copper consumer stocks up on supplies from the copper market. However, a premium of London vs. Shanghai copper prices has some analysts wondering if China will wait before coming to market.
China Copper Imports May Drop on Scrap Use
Bloomberg reports that imports of refined copper by China, the largest user, will probably drop for a second year as record prices spur consumption of scrap.
Codelco ups 2011 China copper premium 35 pct on demand hopes
Reuters reports that Codelco, has hiked its 2011 copper premium for buyers in China by 35 percent.
China Copper Demand to Rise After Olympics
Top consumer China is expected to resume its demand for copper after the Beijing Olympics. While this is a typical season for factories to be shut down for repairs and maintenance the Chinese government also reduced manufacturing activity further leading up to and during the Olympic games so as to improve the air quality. Consuming [...]
