India Copper edged up on Dollar, Global Data
India copper futures edged higher on Friday aided by a weak dollar and positive global data that kindled hopes of an economic recovery overseas. For full story, click here
India copper futures edged higher on Friday aided by a weak dollar and positive global data that kindled hopes of an economic recovery overseas. For full story, click here
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
The long-term outlook for copper is forecasted to be positive but in the near term, Freeport-McMoRan Copper and Gold will continue to focus on reducing costs and maintaining assets, according to the mining company’s 2008 annual report. For full story, click here
India’s copper futures surged on Monday supported by continuing declines in stockpiles and positive industrial output and other data from China. Somnath Dey, in-charge metals and energy research with Religare Commodities, stated: Copper may tread higher once Comex pit trading starts later. For full story, click here
Teck Cominco copper operations will remain cash positive if prices decline to as low as $1.30. For more information, click here
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