Copper Stockpiles in Shanghai Decline to Two-Month Low
Bloomberg reported that copper and aluminum inventories are down.
Bloomberg reported that copper and aluminum inventories are down.
ABC News reports that Copper prices are slipping as global inventories begin to build again.
Bloomberg reports that Copper gained after Europe agreed to a bailout for Ireland, outweighing tensions on the Korea Peninsula.
Bloomberg reports that Copper and zinc advanced for the first time in four days.
Shanghai copper prices hit their upside limit in the first few minutes of trade on Thursday, excited by London’s gains in the previous session, when investors were enthused by the U.S. Federal Reserve’s comments that the country’s economy was showing signs of levelling out. For full story, click here
Shanghai copper dipped nearly 1 percent on Wednesday, tracking London’s losses in the previous session as weak U.S. consumer confidence data prompted investors to pause from a rally that has lifted prices more than 80 percent this year. For full story, click here
Shanghai copper edged up for a fourth day running on Friday and posted its leading weekly gain in more than a month, supported by signs the global economy had bottomed out. For full story, click here
Shanghai copper slipped, LME recovers, but data later may weigh Commods may be teetering on second U of W-shaped recovery. For full story, click here
India copper futures have traded slightly higher on Monday, helped by a weak rupee and higher Shanghai markets. For full story, click here
Shanghai copper futures rose more than 4 percent on Thursday. For full story, click here
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