Copper futures dipped on weak global cues
Copper futures dipped marginally in noon trade on the Multi Commodity Exchange on Friday on sustained selling by speculators in tandem with a weakening global trend. For full story, click here
Articles Tagged "global"
India Copper futures dipped tailing global markets
India copper futures dipped on Monday tailing global markets, where losses in stock markets and worries the recent strong Chinese purchasing may not persist at higher price levels, pressured the metal. For full story, click here
Copper futures surged by 1.37% on firm global cues
Copper futures surged by 1.37 per cent in afternoon trade on the Multi Commodity Exchange today largely in tandem with a firming global trend on the back of positive economic data from China and the US. For full story, click here
Zambia's plans to raise mining stakes worries investors
Zambia’s plans to increase equity stakes in its copper mines could scare away foreign investors already unnerved by the global downturn, and hurt plans to boost the metal’s output in Africa’s largest copper producer. For full story, click here
India Copper futures set to open lower
India copper futures are expected to open lower on Thursday following global peers, where a bleak outlook for the global economy and expectations of dipping demand from China pressured the metal. Harish Galipelli, head of research with Karvy Comtrade in Hyderabad, stated: Copper may see some downward movement to 220/215 rupees also on weakness in [...]
India Copper futures trade lower on strong dollar overseas
India copper futures reported to trade lower on Monday, following global leads, where a strong dollar pressured the red metal. Somnath Dey, in-charge metals and energy research in Noida, stated: Copper should see more downside on profit-booking later in the session. For full story, click here
India copper futures gain recovery on global leads
As per analysts’ report, India’s copper futures recovered on Tuesday buoyed by global leads, but a strong rupee kept a lid on gains. Praveen Singh, an analyst with Sharekhan Commodities, stated: Copper would trade on the higher side on the back of a weak dollar, rebounding equities. For full story, click here
Copper reported mixed sentiments in market
Copper stepped high as firmer global equity markets and a weaker dollar underpinned sentiment, while another steep decline in inventories helped to keep prices buoyed near their November highs. For full story, 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 [...]
Analysts bullish on copper
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices will be low in the near term as weak demand and piling inventories exert downward pressure, however, for the long term analysts are bullish. When the economic environment improves, investors will select profitable markets to invest in. The copper market considered by many to [...]
