Copper surged in London on rise in speculation demand
Copper surged for the first time in three days in London on speculation the worst of the recession in the U.S. may be over, signaling a rise in demand for metals. For full story, click here
Articles Tagged "demand"
India Copper futures regain on demand hope
India copper futures recovered on Thursday on account of strong U.S. data reviving hopes of demand for the metal. Kunal Shah, an analyst with Nirmal Bang Commodities, said: We might see copper prices moving towards 206/208 later. For full story, click here
LME copper traded above $4,000
Copper traded back above $4,000 at the London Metal Exchange on Monday morning on account of surging demand from China. For full story, click here
Weak demand, excess capacity burden of copper sector
A sizeable part of the developing capacity, initially slated to start operation in 2009, has been delayed to 2010 or permanently suspended due to declining demand for copper. For full story, click here
Copper prices rose 0.6%
Copper prices rose 0.6 percent in London and Shanghai, as climbing optimism about China’s domestic demand growth was offset by the likelihood of slowing imports. For full story, click here
Copper declines on demand worries
Copper declined on Monday as more data showed a deepening global recession, but prices in Shanghai looked supported by hopes the Chinese government would keep buying metals to help local smelters ride out slumping demand. For full story, click here
Copper at 1-week high
Copper rose to a more than one week high on Thursday, tracking equities and stronger oil prices, although fears over demand and the global economy remained. For more information, click here
Copper reflects economic sentiment
By Leia Michele Toovey- Exclusive to Copper Investing News Copper is often looked to as a barometer of economic health due to its copious use in building and construction. When an economy is growing, copper use rises exponentially. In the early 2000′s rapid economic growth paved the way for an explosion in demand for the [...]
Copper under pressure
Copper, a metal used in power and construction, came under pressure after manufacturing production in New York state fell to a record low in February, highlighting the nationwide slump. For full story, click here
Investment in infrastructure will boost demand
Base metals will continue to remain upbeat on positive outlook for investment in infrastructure and consumer durables, the two major users of base metals. For full story, click here
