Trends - Copper prices - Business Recorder

Copper prices

Chile supply concerns help copper bounce

"The potential for disruptions in Chile is creating some jitters, but the dollar is up and China growth is slowing".

Published 10 Aug, 2021 06:15pm

Markets

Demand doubts and dollar weigh on copper

LONDON: Copper prices fell to their lowest in more than two weeks on Monday as a firm dollar and demand worries...

Published 10 Aug, 2021 04:39am

Markets

Demand doubts and dollar weigh on copper

Benchmark copper on the London Metal Exchange (LME) traded down 1.4% at $9,337.5 a tonne in official rings after touching its lowest since July 21 at $9,295

Published 09 Aug, 2021 05:49pm

Markets

Copper dips as US tapering fears support dollar

LME aluminium rose 0.7% to $2,595 a tonne and lead advanced 0.5% to $2,286 a tonne, while tin dropped 0.5% to $34,565 a tonne

Published 09 Aug, 2021 11:41am

Markets

Copper gains as world's biggest mine prepares for strike

Benchmark copper was up 0.2% at $9,512 a tonne
Used in power and construction, copper has gained more than 20% this year and touched a record high of $10,747.50 in May

Published 06 Aug, 2021 08:16pm

Markets

Copper slips as dollar climbs

LONDON: Copper prices eased on Wednesday as the dollar strengthened ahead of US jobs data later in the week which is...

Published 05 Aug, 2021 04:34am

Markets

Copper drifts as focus turns to US jobs data

Benchmark copper on the London Metal Exchange had eased 0.1% to $9,527.50 per tonne in official rings, after trading marginally higher.

Updated 04 Aug, 2021 08:21pm

Markets

Copper skids on fears that Delta variant could hit demand

LONDON: Copper prices declined for a third session on Tuesday on worries that the rapid spread of powerful COVID-19...

Published 04 Aug, 2021 04:14am

Markets

Copper rises as dollar weakens, Escondida strike looms

The dollar held just above a one-month low, making greenback-priced metals cheaper to holders of other currencies

Published 02 Aug, 2021 10:17am

Markets

Copper rises as Fed spreads bullish mood through markets

Benchmark copper on the London Metal Exchange (LME) was up 1.3pc at $9,816 a tonne at 1603 GMT, near a record high of $10,747.50 reached in May.

Published 29 Jul, 2021 10:47pm

Markets

Copper hovers near 6-week highs as markets await the Fed

LONDON: Copper prices sat near six-week highs on Wednesday as investors waited for details from a Federal Reserve...

Published 29 Jul, 2021 04:48am

Markets

Copper climbs to 6-week high on floods in top buyer China

LONDON: Copper prices rose on Monday as floods in top consumer China sparked demand hopes at a time when inventories...

Published 27 Jul, 2021 04:40am

Markets

Copper prices rise

LONDON: Copper prices rose on Thursday as lower than expected growth from top consumer China stoked hopes for more...

Published 16 Jul, 2021 04:34am

Markets

Copper boosted by hopes for China stimulus as GDP disappoints

Benchmark three-month copper on the London Metal Exchange (LME) was up 0.4% at $9,383.50 a tonne in official trading.
China's primary aluminium output fell for a second straight month in June.

Published 15 Jul, 2021 05:41pm

Markets

Copper prices slips

LONDON: Copper prices lost ground in low volumes on Wednesday on tepid demand in top metals consumer China and...

Published 15 Jul, 2021 04:03am

Markets

Copper eases as dollar firms on US inflation jitters

Three-month copper on the London Metal Exchange eased 0.1% to $9,408 a tonne.
China, the world's biggest metals consumer, will take "comprehensive measures" to ease rising commodity prices, Premier Li Keqiang said.

Published 14 Jul, 2021 01:31pm

Markets

Copper slides after decline in Chinese imports

Benchmark copper on the London Metal Exchange (LME) was little changed at at $9,420 a tonne.
"China's trade overall looked good, but its copper imports are a negative."

Updated 13 Jul, 2021 09:35pm

Markets

Copper slips as Fed maintains taper timeline

LONDON: Copper prices dipped on Thursday after the US Federal Reserve confirmed plans to tighten monetary policy...

Published 09 Jul, 2021 04:25am

Markets

Copper prices slip

LONDON: Copper prices pulled back from their highest level in about three weeks on Tuesday after the dollar ...

Published 07 Jul, 2021 04:28am

Markets

Copper prices buoyed by bargain hunters, U.S. data

LME aluminium rose 1.8pc to $2,557.50 a tonne, zinc was little changed at $2,939, lead advanced 1.5pc to $2,304, nickel firmed 1.3pc to $18,345 and tin climbed 1pc to $31,600.

Published 02 Jul, 2021 10:53pm

Markets

Copper prices buoyed by bargain hunters

Three-month copper on the London Metal Exchange (LME) edged up 0.02% to $9,323.50 a tonne in official trading after dropping by about 9% in June.
The most-traded August copper contract on the Shanghai Futures Exchange closed 0.7% down at 68,260 yuan ($10,531.84) a tonne for a 0.9% decline over the week.

Published 02 Jul, 2021 06:12pm

Markets

Copper prices fall for fourth day on stronger dollar

Three-month copper on the London Metal Exchange shed 1.5% to $9,246 per tonne.
Three-month aluminium on the London Metal Exchange rose 1.9% to $2,536 a tonne while lead rose 1.8% to $2,274.

Published 29 Jun, 2021 04:42pm

Markets

Copper prices slip on US inflation jitters

LONDON: Copper fell for the first time this week on Thursday as mixed signals from the US Federal Reserve triggered...

Published 25 Jun, 2021 04:20am

Markets

Copper prices slip on U.S. inflation jitters

The dollar hovered near a two-month high, still making copper, which is priced in the greenback, less attractive to global buyers.

Published 24 Jun, 2021 11:41pm

Markets

Copper prices slip on US inflation jitters

"The market still looking at clues to see what the Fed's temperature is with regards to rates," said Nitesh Shah.
The dollar edged lower but remained near a two-month high, still making copper which is priced in the US greenback less attractive to global buyers.

Published 24 Jun, 2021 04:36pm

Markets

Copper edges up after Fed chief vows to keep rates low

"I suspect for the next few months we'll consolidate sideways. Maybe that will be the mantra of summer - buy the dips, sell the rallies and then reassess how things are evolving going forward."

Published 23 Jun, 2021 06:27pm

Markets

Copper rises from 10-week low ahead of Fed testimony

Benchmark copper on the London Metal Exchange (LME) reached a record high of $10,747.50 a tonne in May but fell 8.6pc last week and touched a low of $9,011 a tonne on Monday.

Published 22 Jun, 2021 11:08pm

Markets

Copper sell-off continues as prices hit 10-week low

Benchmark copper on the London Metal Exchange (LME) was down 0.4% at $9,108.50 a tonne.
The metal used in power and construction hit a record high of $10,474.50 in May. Prices fell 8.6% last week.

Published 21 Jun, 2021 05:05pm

Markets

Copper heads for its biggest weekly tumble since March 2020

Benchmark copper on the London Metal Exchange (LME) was down 0.8% at $9,238 a tonne.
The sell-off follows a remarkable rally, with the metal used in power and construction reaching a record high of $10,747.50 in May.

Published 18 Jun, 2021 05:28pm

Markets

Copper hits 7-week low as China to sell strategic stockpiles

No doubt that Chinese efforts to curb prices is playing out and having a negative impact on otherwise bullish price sentiment. It highlights a market that has lost momentum.
Three-month copper on the LME slipped 0.3% to $9,538 a tonne in official trading after earlier touching its lowest since April 23 and slumping by 4% on Tuesday.

Published 16 Jun, 2021 06:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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