Tag Archive | "copper demand"

Copper Traders Leaning Bullish on Demand Forecast

Thursday, December 22, 2011

Bloomberg reported that traders are more bullish on copper than they have been for two months.

Lower Jobless Claims Prompt Rise in Copper

Thursday, December 22, 2011

Bloomberg reported that an improved joblessness outlook and economic data boosted prices for copper for a third straight day.

Copper Up on Positive Forecast for US Housing Starts

Tuesday, December 20, 2011

Bloomberg reported that an increase in US housing starts boosted prices for copper.

Copper Futures Down on Slowing Global Manufacturing

Friday, December 2, 2011

Copper futures closed down on Thursday as data pointing toward slowing manufacturing growth put the growth-sensitive red metal under pressure.

Revett Minerals Outlook Bright as Environmental Hurdle Lifted

Tuesday, November 22, 2011

With its Rock Creek mine one step closer to becoming a reality, the outlook for Revett Minerals looks bright in the eyes of analysts and executives.

Freeport Declares Force Majeure, Copper Positioned to Rally

Tuesday, November 1, 2011

A strike at Freeport McMoRan's Grasberg project in Indonesia has impacted the company's copper output and aided in tightening the copper supply chain as a whole, positioning copper for a price rally.

Shrinking Chinese Trade Surplus Thwarts Copper’s Ascent

Thursday, October 13, 2011

After finally experiencing upward momentum earlier in the week, copper prices plunged Thursday, as China reported a shrinking trade surplus, and concerns over the European debt crisis took a bite out of the metal’s demand prospects.

Copper Futures Flat due to Economic Uncertainty

Thursday, September 29, 2011

Copper futures ended nearly flat Thursday, supported by some better-than-expected US economic data; however, futures remained under pressure due to the sentiment that the global economy is barreling towards another recession.

Copper Recovers on Bargain Hunting

Tuesday, September 27, 2011

Copper prices staged a modest recovery on Monday, gaining 4.4 percent on the COMEX and 4.1 percent on the LME, as investors digested last week’s slide to a 14-month low as an opportunity to bargain hunt.

Copper Plunges to One-Year Low

Thursday, September 22, 2011

On Thursday, copper prices plunged as China’s released a preliminary purchasing manager’s index of 49.4, signalling that the world's largest copper consumers economy is contracting.

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