Copper Investing News» global slowdown

Jitters over China’s Recovery Halt Copper’s Rally

Leia — Wed, 20 Oct 2010 01:43:38 +0000

Speculation that the US Federal Reserve will loosen its monetary policy helped copper rally to a new high on Monday. Shanghai copper touched a 27-month peak, with copper for January delivery reaching its highest intraday level since July 2008.

Recession or depression?

Reporter — Fri, 05 Dec 2008 04:30:13 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News On Wednesday, U.S. copper futures retreated to a low dating back to July 2005. The price of copper for March delivery traded down to $1.5170, a contract low. The session high was $1.5965 per lb. COMEX estimated copper volume at a light 6,427 lots. Over in [...]

How low can copper go?

Reporter — Fri, 14 Nov 2008 07:09:44 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News With little relief in sight when it comes to the global economic crisis, analysts are expecting further downside for copper. So far this year, COMEX copper prices are down nearly 60 per cent since their record high above $4.00 a lb in July. It is anticipated [...]