Copper Prices Dip as Inventories Begin to Build
ABC News reports that Copper prices are slipping as global inventories begin to build again.
Articles Tagged "inventories"
Copper Jumps to Record as China Stockpiles Drop
Bloomberg reports that Copper futures rose to a record as inventories declined in China.
Copper Rises in London After China’s Inventories Decline
Bloomberg reports that Copper rose for the first time in three days in London.
Copper Declines a 2nd Day on Stockpile Increase
Bloomberg reports that Copper declined for the second straight day in New York.
Copper dipped third day in Asia as Global Stockpiles Expand
Copper dipped for a third day in Asia, trading below $5,000 a metric ton as surging global inventories signaled demand may be waning for the metal used in construction and automobiles. For full story, click here
Stonger greenback puts the brakes on copper's rally
By Leia Michele Toovey-Exclusive to Copper Investing News Copper fell for a second day as a stronger dollar made the commodity more expensive for those holding in other currencies; the Dollar Index, a gauge of the currency’s value against six major counterparts, rose for a second day. Further downward impetus came as stockpiling inventories in [...]
Kobe Steel has eased copper output to cut 40% for Q3
Kobe Steel has planned to ease its rolled copper output cut to just 40% year-on-year in the third quarter on improving exports and inventories. For full story, click here
China's Copper Imports may dip as local inventories gain
Copper imports by China, the leading metals consumer, may dip from a record on increasing domestic inventories and as the government stops buying, said an official at China Minmetals Nonferrous Metals Co., the biggest trader. For full story, click here
Copper surged to Longest Monthly Winning Streak
Copper surged in London, adding to its longest monthly winning streak in three years, as dwindling inventories of the metal and increased industrial production in Asia suggest demand is strengthening. For full story, click here
Backwardation hits LME copper market
By Leia Michele Toovey- Exclusive to Copper Investing News This week, a slew of bad news zapped copper’s recent rally. Copper fell in London on concerns about demand for the industrial metal after the International Monetary Fund said the global economy will shrink this year. Copper for delivery in three months lost $36.25, or 0.8 [...]
