US Demand Concerns Hit Copper Market
Fears that the economic recovery is about to stall caused bell weather copper to fall its most in five weeks.
Continue reading "US Demand Concerns Hit Copper Market"
Fears that the economic recovery is about to stall caused bell weather copper to fall its most in five weeks.
Continue reading "US Demand Concerns Hit Copper Market"
Tuesday, August 10, 2010
Copper plunged to a near two-week low Tuesday, as investors worried that the recent rally has been overdone. Benchmark copper for three-month delivery on the London Metal Exchange traded at $7,250 a tonne from $7,425 at the close on Monday.
Continue reading "Copper Pauses Ahead of Fed Statement"
Tuesday, July 27, 2010
Copper enjoyed a welcome relief rally last week; but on Tuesday, the recovery was snapped as negative consumer sentiment sent equities across the US and Europe downward.
Continue reading "Copper Drops from 10 week High"
Tuesday, July 20, 2010
Copper commenced Tuesday in positive territory, extending Monday’s winning streak on the back of the longest run of inventory declines in over a year. Copper is ignoring overall market sentiment as lower than anticipated earnings reports from both Goldman Sachs and IBM wreaked havoc on the American and European stock markets.
Continue reading "Copper Demand to Outpace Supply"
Monday, June 28, 2010
Easing concerns over the state of the global economy sent copper on its first winning streak in months. Monday marked the fourth straight day that the metal was in positive territory. Copper closed last week with the biggest weekly gain in over four months.
Continue reading "Copper Rises with Economic Optimism"
Tuesday, June 15, 2010
Copper prices started Tuesday’s session flat- after a welcome rally on Monday. Monday marked the sixth straight day that the red metal rallied; the longest ascent the metal has experienced in more than five months.
Continue reading "Finally, Some Relief for Copper Prices"
Tuesday, June 8, 2010
If copper continues down the same path, by week’s end the industrial metal may hit values not seen since the recession. Copper opened Tuesday’s session with volatility, swinging between gains and losses in line with the greenback.
Continue reading "Copper on Track to Erase Post Recession Gains"
Tuesday, April 27, 2010
On Tuesday, copper plummeted to its lowest level since March, falling from the previous rally achieved on the back of higher than expected US home sales data.
Continue reading "S&P’s Downgrade Halts Copper’s Rally"
Tuesday, April 20, 2010
As news over impending fraud charges against leading commodities player Goldman Sachs hit the market last Friday, copper witnessed considerable downside. Risk averse investors jumped from their positions, sending copper plummeting to a three month low.
Continue reading "Goldman Fraud Charge Hits Copper Prices"
Tuesday, April 13, 2010
Copper prices backed off from the 20-month peak they scaled on Monday as China’s clamp down on credit stirred fresh fears that the red metal’s rally has been overdone.
Continue reading "China’s Credit Tightening Bad News for Copper"

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Tuesday, August 24, 2010