Home / Tag Archives: copper prices

Tag Archives: copper prices

Feed Subscription

What falling copper prices say about the world economy

Copper futures are plumbing the depths. The base metal is hovering around its worst levels since 2009, and that may be a telling sign about the state of the global economy, specifically China. As the world’s No. 2 economy, China ...

Read More »

US Copper Scrap prices stay stable; COMEX Copper up

United States major copper scrap commodities prices remained flat on Wednesday, while futures prices at New York Mercantile Exchange settled higher. As per Scrap Register Price Index, prices for major copper scrap commodities like #1 ins wire (cu 88-92%), ins wire (cu ...

Read More »

Copper rose by 0.3% on global cues

Buoyed by a firm global trend, copper prices rose Rs 1.10 to Rs 375.45 per kg in futures trade today as speculators widened bets. At Multi Commodity Exchange, copper for delivery in June traded higher by Rs 1.10, or 0.29%, at Rs 324 ...

Read More »

Copper Market Morning Review (2015-6-12)

LME copper prices touched a low of USD 5,861/mt Thursday and closed down USD 142/mt, or 2.4%. China’s industrial added value in May was reported up 6.1%, but the fixed asset investment grew at the slowest pace in 15 years. Weak data ...

Read More »

Copper Market Morning Review (2015-6-11)

LME copper prices once climbed to USD 6,080/mt Wednesday but then surrendered the gains to end at USD 6,030/mt, up USD 64/mt. The yen shot up against the dollar after Bank of Japan Governor Haruhiko Kuroda said the real effective exchange rate ...

Read More »

Copper Market Morning Review (2015-6-9)

LME copper prices stayed in a narrow range and closed up USD 18/mt at USD 5,959/mt. The CFTC indicated a sharp net long position decline in copper futures and options to only 4,221, the lowest since mid-March. China’s trade data out on ...

Read More »

Copper Market Morning Review (2015-6-8)

LME copper prices moved higher to USD 5,971/mt last Friday but failed to break through the 5-day moving average. The prices finally ended up USD 21/mt at USD 5,941/mt. LME copper stocks dropped to 315,125 mt, the lowest since early March. The ...

Read More »

Copper Market Morning Review (2015-6-5)

LME copper prices fluctuated down to hit a low of USD 5,906/mt Thursday and ended at USD 5,920/mt, falling by USD 83/mt. The International Monetary Fund lowered forecast for US growth this year and called for a delay of Fed’s interest rate ...

Read More »

US Copper Scrap prices drop in line with COMEX Copper

United States major copper scrap commodities prices declined on Thursday in line with futures prices at New York Mercantile Exchange. As per Scrap Register Price Index, major copper scrap commodities like #1 ins wire (cu 88-92%), ins wire (cu 58-62%), al/cu radiator ...

Read More »

Copper prices to average $2.80/lb as output falls

Copper prices will average $2.80/lb during 2015 as lower production squeezes an expected surplus, Codelco CEO Nelson Pizarro said. “My view is that the copper market is going to be in balance,” he said, adding, “there are difficulties in many ...

Read More »
Scroll To Top