India’s copper futures reported to trade lower by over 3 percent on Tuesday, following global peers, as renewed signs of global economic weakness pressured the red metal. Pranav Mer, an analyst with India Infoline, stated: We expect further correction in copper triggered by weak equity markets. For full story, click here
Southern Copper opened at $20.09. So far today, the stock has hit a low of $18.83 and a high of $20.40. PCU is now trading at $19.02, down $2.02. For full story, click here
Hindustan Copper’s shares are currently trading at Rs 108.50, up Rs 5.2, or 5.03% at the Bombay Stock Exchange on Thursday. For full story, click here
Copper traded back above $4,000 at the London Metal Exchange on Monday morning on account of surging demand from China. For full story, click here
Base metals were sluggish on Monday in futures trade as speculators turned on to book profits at prevailing improved prices after gaining in the past week in tandem with the global trend. Copper prices had surged by nearly 10 per cent during the past week. Mr Harish Galipeli, head of research, Karvy Comtrade, said: Despite [...]
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures plunged more than 6 per cent early Friday after government data showed a larger than expected fourth quarter GDP collapse. The bad news capped a week where optimism pushed copper futures up. In fact, copper increased, and safe haven gold pared losses. On [...]
London copper prices were little changed in Asian trade after rallying nearly 6 percent in the previous session, with many markets closed for the Lunar New Year holiday. For full story, click here
Get our independent commentary on copper trends and companies delivered to your inbox.
