Copper 2011 Price Outlook
If copper closes the year near its current price of around $9,200 per tonne on the London Metal Exchange, the metal will finish the year with an impressive 35 percent gain in only six months.
Articles Tagged "London Metal Exchange"
JP Morgan revealed as mystery trader that bought £1bn-worth of copper on LME
The Daily Telegraph reports that JP Morgan is the mystery trader that grabbed more than half the copper on the London Metal Exchange.
Strong Fundamentals Boost Copper
Copper prices were propelled to a five-week high as better-than-expected business and consumer confidence data overshadowed European debt concerns.
Copper, Zinc Gain as Ireland Bailout Offsets Korea Tension
Bloomberg reports that Copper gained after Europe agreed to a bailout for Ireland, outweighing tensions on the Korea Peninsula.
Copper Plunges on Bearish Data
An onslaught of negative data hit the copper market Tuesday sending the red metal down in early trading.
Copper, Zinc Climb for First Time in Four Days
Bloomberg reports that Copper and zinc advanced for the first time in four days.
Codelco ups 2011 China copper premium 35 pct on demand hopes
Reuters reports that Codelco, has hiked its 2011 copper premium for buyers in China by 35 percent.
Copper in London Drops by 0.2%, Reversing Earlier Gain
Bloomberg reports that Copper in London dropped 0.2 percent to $8,132.75 a metric ton.
Copper hits 27-month top
Reuters reports that Copper hit 27-month highs on Tuesday.
Copper’s Strength draws Multiple ETF’s
Copper reached a 27-month high on Monday, as the U.S. dollar hit a 15-year low against the Yen, increasing the red metal’s appeal to holders of international currencies.
