Articles Tagged "price"

Copper to open lower on global leads

Copper futures are expected to open lower taking a cue from markets in London and as investors continue to fret about the deepening global recession. For full story, click here

Copper has plunged by more than 60 % since last July

Copper has plunged by more than 60 percent since a record high of $8,940 a tonne last July. Prices started to fall in the second half of last year as the market priced in a realisation that China may not be able to offset falling demand from the United States, the world’s largest economy. For [...]

Copper tumbles, sentiment crushed by stock build

Copper prices buckled on Thursday as a massive jump in inventories intensified fears about falling demand particularly from China, the world’s largest consumer of the industrial metal. For full story, click here

Copper futures flat on global markets

Copper futures were flat on Thursday tracking overseas leads, but weak fundamentals would continue to weigh on the red metal, analysts said. Harish Galipelli, head of research at Karvy Commodities, said: We expect the red metal to trade sideways with a negative bias on weak fundamantals. For full story, click here

Three-months copper falls on LME

Three-months copper on the London Metal Exchange MCU3 fell to $3,055 a tonne, the lowest price since Jan. 2, before rising to $3,270 a tonne. It ended at $3,251 from $3,090 at the close. For full story, click here

Sharp rise in copper till 2008 mid

Base Metals like other commodities were also on a rollercoaster ride in the last year. Strong growth shown by China, major consumer of base metals, led to sharp rise in copper till the mid of t he year 2008. For full story, click here