China Mining declared that the copper processing charge rate for China’s refining enterprises has plunged nearly 70% on the spot market since this year’s beginning, mainly due to the strong demand for copper concentrate. For full story, click here
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Wednesday, March 18, 2009
Shanghai copper climbed up on Wednesday, after earlier touching a four-month high, buoyed by strong spot prices. Jane Jiang, an analyst at Shanghai Nonferrous Metals Industry Association, said: Shanghai copper futures prices were supported by strong physical prices. Spot copper has been sold at a premium since the start of the March settlement period, as [...]
Continue reading "Shanghai Copper climbed on strong spot prices"
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Wednesday, July 8, 2009