Copper Investing News» copper demand

Copper Traders Leaning Bullish on Demand Forecast

jessica — Fri, 23 Dec 2011 00:44:19 +0000

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

Lower Jobless Claims Prompt Rise in Copper

jessica — Fri, 23 Dec 2011 00:42:00 +0000

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

jessica — Tue, 20 Dec 2011 23:12:17 +0000

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

Copper Futures Down on Slowing Global Manufacturing

Leia — Fri, 02 Dec 2011 11:30:07 +0000

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

Shihoko Goto — Wed, 23 Nov 2011 01:30:18 +0000

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

Leia — Wed, 02 Nov 2011 01:10:57 +0000

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

Leia — Thu, 13 Oct 2011 23:53:27 +0000

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

Leia — Thu, 29 Sep 2011 23:15:32 +0000

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

Leia — Tue, 27 Sep 2011 21:30:43 +0000

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

Leia — Thu, 22 Sep 2011 23:45:33 +0000

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.