Copper futures on Tuesday extended gains and gained by 1.37 per cent on the Multi Commodity Exchange as speculators covered their short positions, tracking firming trend on international markets. For full story, click here
Copper futures today slipped by 1.97 per cent in early trade, extending losses for the second day on the Multi Commodity Exchange, as traders indulged in profit-booking at higher levels amid a subdued trend overseas after the dollar strengthened. For full story, click here
Copper futures dipped marginally in noon trade on the Multi Commodity Exchange on Friday on sustained selling by speculators in tandem with a weakening global trend. For full story, click here
Copper futures on Wednesday have recovered 0.76 per cent on the back of covering-up of short positions by speculators amid better trend in the international markets. For full story, click here
On the London Metal Exchange, copper for three-month delivery ended at $3,185 a tonne, the lowest since early February, from $3,330 at the close. For full story, click here
Copper for March delivery on the New York Mercantile Exchange’s Comex division dropped 11.55 cents (U.S.), or 7.5 per cent, to settle at a two-week low $1.4230 a pound. For full story, click here
Copper crumbled to a two-week low Tuesday, pulled down by a stronger U.S. dollar and record-low U.S. manufacturing data that ignited a wave of risk aversion across the broader complex. For full story, click here
Backed by some improvement in copper buying by stockists and real time users of the red metal in India, copper prices gained $150 to $3,350 per tonne in the world market, in the past fortnight. For full story, click here
US copper futures for March on NYMEX’s metals division COMEX settled up 0.40 cent at $1.5385 a lb. For full story, click here
Copper prices ended up for the first time in nearly a week, although gains were capped by persistent worries about demand. For full story, click here
Tuesday, July 14, 2009