By Leia Michele Toovey- Exclusive to Copper Investing News Copper eased on Thursday as concerns of lack of demand overshadowed Wednesday’s dollar fuelled gains. The benchmark August copper on the Multi Commodity Exchange of India was down 0.79 per cent at Rs 331.65 per kg. Copper for delivery in three months on the London Metal [...]
Continue reading "Copper eases on lack of demand"
Thursday, August 14, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News Copper joined the pack in the mid-week revival of base metal prices. On Tuesday, the red metal hit a 6-month low of $7,150 a tonne with the frenzied sell off of commodities. However, profit-taking since then on short covering purchases, and higher oil has turned the price [...]
Continue reading "Short covering purchases revive copper"
Thursday, August 7, 2008
Copper prices were steady on Thursday, but are expected to decline over coming weeks due to slowing demand growth in China and falling consumption in the United States. For full news, click here
Continue reading "Copper steady, but sentiment negative on slow demand"
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Thursday, August 28, 2008