LME copper traded above $4,000
Copper traded back above $4,000 at the London Metal Exchange on Monday morning on account of surging demand from China. For full story, click here
Articles Tagged "rise"
Newmont Indonesia sees rise in copper output
The Indonesian unit of Newmont Mining Corp. expects copper production to rise by 60 percent this year as it starts to mine higher grade ore. For more information, click here
Copper prices are likely to rise to $3,800 a tonne
On the London Metal Exchange, however, copper prices are likely to rise to $3,800 a tonne from the current level of $3,545. For full story, click here
Base metals may rise
Base metals may rise up to 7 per cent in the short term on speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. For full story, click here
Copper rose to its highest level in more than two months
Copper rose to its highest level in more than two months on Monday on hopes that economic stimulus packages in China, the world’s biggest user of the metal, and the United States will spur demand. For full story, click here
Copper edges lower as LME stocks rise
Copper futures reveresed gains to edge lower on higher inventories on the London Metal Exchange (LME), analysts said. For full story, click here
Copper for delivery in three months rises
Copper for delivery in three months had risen to $3,610 a tonne on the London Metal Exchange from $3,574 a week earlier. For full story, click here
Copper rises by nearly 4 per cent
Base metal futures on MCX rose by an average 3 per cent after the People’s Bank of China lowered lending rate by 108 basis points to 5.58 per cent. For full story, click here
Copper rises by nearly 4 per cent
Base metal futures on MCX rose by an average 3 per cent after the People’s Bank of China lowered lending rate by 108 basis points to 5.58 per cent. For full story, click here
Shanghai copper rises 2.8 percent
Shanghai copper was up almost 3 % on Wednesday, but London prices declined 1.7 percent in profit taking after rising more than 6 percent overnight. A trader in Singapore said: The move lower isn’t significant after the rally on Tuesday and it’s hardly surprising that people want to take some profits. For full story, click here
