Copper, a metal used in power and construction, came under pressure after manufacturing production in New York state fell to a record low in February, highlighting the nationwide slump. For full story, click here
On the London Metal Exchange, copper for three-month delivery ended at $3,185 a tonne, the lowest since early February, from $3,330 at the close. For full story, click here
US copper futures for March on NYMEX’s metals division COMEX settled up 0.40 cent at $1.5385 a lb. For full story, click here
Copper prices ended up for the first time in nearly a week, although gains were capped by persistent worries about demand. For full story, click here
LME copper jumped 14.32 per cent to $3,545. For full story, click here
With the dropping of export tariffs on copper and nickel, Norilsk expects its operating profit to be $1.6 billion to $1.8 billion [in 2009]. For full story, click here
Copper June 9 contract rose 2.77 per cent to Rs 168.70 per kg, for full story, click here
LME copper jumped 14.32 per cent to $3,545. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News Data released Thursday showing a further deterioration in the manufacturing sector snapped copper’s positive trend. Copper for March delivery shed 3.10 cents to close at $1.50 a lb on the New York Mercantile Exchange’s COMEX division. COMEX copper had gained nearly 7 per cent during the [...]
Copper opened lower tracking markets in London, analysts said. For full story, click here
Thursday, February 19, 2009