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
Continue reading "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
Continue reading "LME copper traded above $4,000"
Thursday, February 26, 2009
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
Continue reading "Newmont Indonesia sees rise in copper output"
Friday, February 13, 2009
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
Continue reading "Copper prices are likely to rise to $3,800 a tonne"
Tuesday, February 10, 2009
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
Continue reading "Base metals may rise"
Monday, February 9, 2009
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
Continue reading "Copper rose to its highest level in more than two months"
Tuesday, December 30, 2008
Copper futures reveresed gains to edge lower on higher inventories on the London Metal Exchange (LME), analysts said. For full story, click here
Continue reading "Copper edges lower as LME stocks rise"
Tuesday, December 23, 2008
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
Continue reading "Copper for delivery in three months rises"
Monday, December 15, 2008
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
Continue reading "Copper rises by nearly 4 per cent"
Monday, December 1, 2008
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
Continue reading "Copper rises by nearly 4 per cent"
Thursday, November 6, 2008
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
Continue reading "Shanghai copper rises 2.8 percent"
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Monday, March 23, 2009