Copper, Emerging Stocks Rise on China
Bloomberg reports that Copper climbed to a record and shares in emerging markets gained for a third day as Chinese manufacturing expanded.
Articles Tagged "stocks"
Economic optimism drives copper to 10 month high
By Leia Michele Toovey- Exclusive to Copper Investing News Optimism surrounding an economic recovery drove copper to a ten month high on Wednesday, as investors flooded the market with money, betting on stronger demand. Three-month copper on the London Metal Exchange hit $6,149 a tonne, the highest since last October, up slightly from Tuesday’s high [...]
India Copper has edged lower on firm dollar, stockpiles
India copper futures edged lower on Friday afternoon weighed by a firmer dollar overseas and surging copper stocks in the London Metal Exchange. For full story, click here
Sterlite, Hindalco reported jump with surge in copper demand
Copper stocks declared that it has joined the metals rally on the bourses today as all other metal stocks traded with heavy gains, while copper prices remained steady on the commodity exchanges in India. For full story, click here
India Copper futures traded lower due to overseas markets
India copper futures are reported to trade lower on Monday following international markets, where a broad sell-down in commodities and stocks on fears a deadly flu outbreak could reach pandemic proportions pressured the metal. T. Gnanansekar, director with Commtrendz Research in Mumbai, stated: The downward trend would continue in copper on the back of doubts [...]
Chile peso firms with copper rise, stocks fall
Chile’s peso closed 1.5 percent firmer on Thursday, rising as prices for the nation’s chief export, copper, hit four-month highs and the dollar fell, while stocks closed lower. For full story, click here
India Copper futures remained low as LME stockpiles rise
India copper futures edged lower on Thursday on account of an increase in inventory levels at London Metal Exchange and further pressured by a firm rupee. LME copper stocks surged by 2,450 tonnes to 504,325 tonnes on Thursday. Vishal Maniyar, an analyst with Karvy Comtrade in Hyderabad, stated: The main factor pressuring copper is increase [...]
India copper reverses losses due to fall in LME stocks
India copper futures turn around early losses Monday on the back of a drop in stocks in London Metal Exchange and a weak rupee, but constant demand worries kept the upside limited, analysts said. Tejas Seth, a senior research analyst with SMC Global in Delhi, said: We can expect a rebound (in copper) to 179 rupees. For [...]
Analysts warn more losses in store for copper
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices may slump by more than half this year as the global recession cuts demand. MF Global Ltd., one of 12 companies that trade on the floor of the London Metal Exchange, predicts that the three-month contract may average $3,250 per metric tonne in [...]
Copper’s New Year ascent short-lived
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures were able to hold on to their positive momentum until Thursday’s close, when consistent inventory builds and grim economic data suggested that demand will exert more downside pressure. Copper started the New Year with a bang, but the positive movement was cut short [...]
