Tag Archive | "chinese"

Chinese Copper Major Markets Developments in July

Thursday, August 20, 2009

Reuters declared that slip in  Chinese copper imports may be enough to trigger a slip in prices in August but the metal’s medium term outlook still looks bright. But some are concerned that such high prices in an economic recession threaten future demand. For full story, click here

Chinese Copper Major Market Developments in July

Monday, August 10, 2009

Reuters declared that slipping Chinese copper imports may be enough to trigger a slip in prices in August but the metal’s medium term outlook still looks bright. But some are concerned that such high prices in an economic recession threaten future demand. For full story, click here

Chinese Refined Copper Imports Surged in June

Sunday, August 2, 2009

China’s refined copper imports were active in June due to more arrivals of contracted material. For full story, click here

India Copper Futures Have Recovered Partly on Equities

Thursday, July 30, 2009

India copper futures recovered partly on Thursday, supported by surging equity markets, along with comforting statements from the Chinese central bank. Praveen Singh, an analyst with Sharekhan Commodities, stated: Prices are supported by stock markets and Chinese central bank’s statement. For full story, click here

Copper’s Ascent Threatened by Growing LME Stockpiles

Wednesday, July 29, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices have enjoyed an 80 per cent rally this year- on the back of Chinese State Reserve Bureau (SRB) purchases. Now, signs are pointing to the finality of those purchases. Inventories monitored by the London Metal Exchange posted their first back-to-back weekly gains since February, [...]

Chinese Copper firm will surge $6 bln for CAPEX

Tuesday, July 28, 2009

Xinhua declared that Yunnan Copper Company Limited will privately place 300 million new shares to surge about CNY 6 billion. For full story, click here

Chinese Buy Into Nevada Copper

Monday, June 29, 2009

Nevada Copper (TSE:NCU) announced Friday that Zhongtiaoshan Non-ferrous Metals Group (ZTS) has agreed to a $2 million debenture subject to the approval of the Toronto Stock Exchange.  ZTS is a Chinese state-owned enterprise that has mined, refined and processed copper since 1956. The debenture can be converted at $1.00 per share which is a 77% premium [...]

India's Copper Futures have opened weak on Demand Woes

Monday, June 22, 2009

India’s copper futures has opened down on Monday on worries Chinese restocking could soon ease with a record level of imports in May, probably the peak for the year. For full story, click here

Chinese Spot Copper TC/RCs will slip 70% this year

Wednesday, June 17, 2009

Fees that Chinese copper smelters receive for treating and refining spot foreign concentrates have slipped more than 70 percent since January on strong demand for material. For full story, click here

Copper surged, found support at $4425

Monday, May 25, 2009

Copper surged, capping weekly gains in London and New York, as Chinese imports of the metal climbed to a record and inventories continued to dip. Stockpiles of copper in warehouses monitored by the London Metal Exchange fell for a 12th day. For full story, click here

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