China Oct copper imports at year-low, seen weak in Nov
Reuters Africa reports that China's copper imports are expected to remain weak in November.
Reuters Africa reports that China's copper imports are expected to remain weak in November.
Copper prices were modestly higher on Tuesday, rebounding from an 11 week low, after strong manufacturing data from the United States boosted the outlook for metals demand from the world’s second-largest consumer.
By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures fell more than 2 per cent Monday on worries that demand from China, the world’s biggest copper consumer, may slow. Copper for July delivery lost 5.7 cents to close at $2.0885 a pound on the Comex division of the New York Mercantile Exchange. Last [...]
By Leia Michele Toovey- Exclusive to Copper Investing News As economic malaise spread around the globe; silver and gold stocks became top performers. Worried investors flocked to both metals as a means to safe guard their investments as stocks, bonds and currencies became increasingly volatile. Copper investments were not appealing. Copper, fundamental to the transfer [...]
By Leia Michele Toovey- Exclusive to Copper Investing News Volatile copper prices fell more than 2 per cent before turning positive on Thursday. The U.S. dollar retreated to its lowest point relative the euro in six weeks, making the metal less expensive for international holders. U.S. copper futures turned positive, copper for March delivery HGH9 [...]
The top copper miner, KGHM KGHM.WA, in Europe anticipates a lower third quarter than the same time last year and may even go so far as to reduce their 2008 forecasts due to a lessening of certain copper products. We will close the third quarter with revenue lower than in the third quarter of [...]
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