Peru’s Sol Weakens Most in a Week on Copper’s Drop
Bloomberg reports that Peru’s sol declined the most in a week as copper prices fell.
Bloomberg reports that Peru’s sol declined the most in a week as copper prices fell.
India copper futures extended losses for a fourth day on Wednesday, as slipping equity markets and a stronger dollar weighed on prices. The most-active August copper contract MCCQ9 was 1.53 percent lower at 292.55 rupees per kg at 5:42 p.m., after losing 4 percent in the last three sessions. Tejas Seth, senior research analyst with [...]
Indian copper futures traded up on Tuesday on short-covering after losses in the past two sessions, even as concerns grew about slowing demand from China. For full story, click here
India’s copper futures eased on Tuesday on profit-taking after climbing about 5 percent in the previous five sessions. Navneet Damani, an analyst with Anand Ratihi Commodities in Mumbai, said: Copper is in corrective mode and may touch 197 rupees later in the session. For full story, click here
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