Copper Investing News» London Metal Exchange

Copper Settles after Week of Gains

Jessica Oman — Wed, 21 Dec 2011 19:18:18 +0000

Reuters reported that copper prices remained steady to end a week of increases.

Copper Surges as Optimism Prevails

Shihoko Goto — Fri, 07 Oct 2011 00:56:49 +0000

Hopes for an improved outlook for the US economy, coupled with higher hopes for the euro zone to resolve its debt crisis, is leading copper to surge.

Copper Snaps Four-Session Slump

Leia Toovey — Tue, 08 Mar 2011 21:03:17 +0000

Copper halted a four-session slump Tuesday as economic concerns eased following a drop in the price of crude oil. On Monday, crude closed at a 29-month high on disruptions in Libya.

Copper Slips on Crude, Boosted by U.S. Auto Sales

Leia Toovey — Tue, 01 Mar 2011 20:24:11 +0000

Copper fell from a one-week high early Tuesday, as surging energy costs and inflation in China threatened to slow demand for the red metal.

Copper Drops as Inflation Concerns Grow

Leia Toovey — Tue, 15 Feb 2011 23:08:44 +0000

Copper dropped from record highs in New York and London over concerns that lofty prices would dampen demand, and inflationary pressures in China would encourage the country to undertake aggressive monetary tightening, resulting in a decrease in the country’s demand for base metals.

Copper Declines on India’s Rate Hike

Leia Toovey — Tue, 25 Jan 2011 22:46:37 +0000

Copper futures declined Tuesday morning, back-tracking from Monday’s gains as traders were skeptical over the state of the economic recovery. On the COMEX, March copper tumbled 2.3 percent, to $4.25 a pound. Copper ended up for a second consecutive day on Monday, as market sentiment focused on dwindling copper stockpiles.

Copper Rallies on Growing Supply Concerns

Leia Toovey — Tue, 18 Jan 2011 21:35:26 +0000

Copper future rallied on mounting concerns that demand will outpace global supplies by as much as 600,000 tonnes in 2011.

Copper Average Price Will Jump 22% to $9,200 This Year

Anne Bagchi — Tue, 11 Jan 2011 01:43:01 +0000

Bloomberg reports that according to Standard Bank Plc., the average copper price will climb 22 percent this year.

Copper Falls the Most in Two Weeks

Anne Bagchi — Wed, 05 Jan 2011 20:55:29 +0000

Bloomberg reports that Copper fell the most in almost two weeks in London.

Potential Holding in London Copper Stockpiles Shrinks to 80-89%

Anne Bagchi — Wed, 29 Dec 2010 22:00:27 +0000

Businessweek reports that the potential share of London Metal Exchange copper stockpiles held by one unidentified company fell to 80 percent to 89 percent, from at least 90 percent.