Shanghai to Expand Storage for Copper, Aluminum to Boost Trade-Hub Status
Bloomberg reported that Shanghai plans to lower trading costs by increasing storage for copper and aluminum.
Bloomberg reported that Shanghai plans to lower trading costs by increasing storage for copper and aluminum.
Monday, June 13, 2011
In an exclusive interview with Copper Investing News, Adam Fleck Associate Director of Equity Research at Morningstar was more cautious in using this positive news flow to imply a broader trend, “The mining equipment sector is largely driven by mineral prices; high coal, copper, and iron prices typically drive increased mine expansion and construction, in turn leading to growing mining equipment orders.
Continue reading "Bullish Outlook for Mining Machinery Providers"
Friday, March 20, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures closed with moderate losses on Wednesday but pushed into positive territory in after hours trading following the U.S. Federal Reserve’s announcement to purchase long-term Treasury debt. Copper for May delivery finished $0.75 lower at $1.7165 a lb on the New York Mercantile Exchange’s [...]
Continue reading "Wave of optimism spreads over copper market"
Tuesday, October 14, 2008
September imports for China rose 20 percent in September. China’s imports of unwrought copper and semi-finished copper products rose 20 percent in September on the month, as merchants increased spot imports on attractive margins. Prices of spot refined copper in China were higher than costs of imported material for much of the month, a [...]
Continue reading "China Copper Imports Up 20 Percent"
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Friday, September 2, 2011