By Leia Michele Toovey- Exclusive to Copper Investing News It has been a volatile week for copper prices. On Wednesday, copper tumbled to its lowest price since March 2006 over concern of a global recession. Three-month copper on the London Metal Exchange (LME) closed at US$5,240 per tonne. Later on Wednesday, the U.S. Federal Reserve, European [...]
Continue reading "Copper's wild ride"
Monday, August 25, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News With the close of the Olympics last Sunday, the globe can now focus on metals beyond bronze, silver and gold. A metal that is a barometer for economic health - copper - is sure to at the centre of attention. Olympic host country China consumes over a quarter of the world’s [...]
Continue reading "End of Olympics: Focus shifts from medals to metals"
Tuesday, August 19, 2008
Top consumer China is expected to resume its demand for copper after the Beijing Olympics. While this is a typical season for factories to be shut down for repairs and maintenance the Chinese government also reduced manufacturing activity further leading up to and during the Olympic games so as to improve the air quality. Consuming [...]
Continue reading "China Copper Demand to Rise After Olympics"
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Friday, October 10, 2008