Articles Tagged "shanghai"

More good times for Copper

By Leia Michele Toovey- Exclusive to Copper Investing News Copper has rallied 31 per cent in the first quarter of 2009; since December 26, the red metal’s price has increased 47 per cent.  This rapid upward swing has earned the metal the title best performer among the 19 raw materials tracked by the RJ/CRB commodity [...]

Shanghai copper steady

Shanghai copper was steady on Wednesday, shrugging off a 2 percent fall in London prices the previous day, supported by signs of a recovery in Chinese consumption. For ful lstory, click here

Copper prices rose 0.6%

Copper prices rose 0.6 percent in London and Shanghai, as climbing optimism about China’s domestic demand growth was offset by the likelihood of slowing imports. For full story, click here

Copper prices rose 1.5%; market set eyes on China trade data

Copper prices rose around 1.5 percent in London and Shanghai on Tuesday, with markets reflecting fading confidence that Chinese buying is going into consumption against prospects of a big rise in February’s import data on Wednesday. Richard Adkerson, chief executive of Freeport-McMoRan Copper and Gold, said: Clearly in China, the things they are doing have [...]

LME copper down 2 pct, Shanghai hits limit up

London Metal Exchange copper fell by 2.4 percent, giving up some of the overnight gains that together with a surge in Asian share prices had helped Shanghai copper futures rise by their 4 percent daily limit. For full story, click here