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Topic

Benchmark copper

Copper boosted by declining dollar

Copper boosted by declining dollar

Published 04 Sep, 2021 06:04am
LONDON: Copper prices climbed on Friday as the dollar was dragged down by a lacklustre reading of the US jobs ...
Copper slips on worries about Chinese demand after trade data

Copper slips on worries about Chinese demand after trade data

Published 07 Jun, 2021 06:10pm
  • Three-month copper on the London Metal Exchange shed 0.9% to $9,864 a tonne in official trading after rising by 1.7% on Friday.
  • Hansen said if prices extended their retreat, they would likely head towards the 50-day moving average around $9,655.
Copper prices resume climb towards $10,000/t

Copper prices resume climb towards $10,000/t

Published 04 May, 2021 07:46pm
  • Benchmark three-month copper on the London Metal Exchange (LME) had risen 1.4% to $9,958.50 per tonne in official trades. On Thursday, prices hit $10,008 a tonne which was the highest since Feb. 2011.
  • "It's a tremendously positive story for copper at the moment and in the long term," said WisdomTree analyst Nitesh Shah, adding that the metal will likely pierce through the $10,000 mark again.
Suez blockage boosts copper prices

Suez blockage boosts copper prices

Published 27 Mar, 2021 05:41am
LONDON: Copper prices rose on Friday as the market worried about the cost repercussions for transporting industrial...
Copper hits eight-year peak as bullish factors dominate

Copper hits eight-year peak as bullish factors dominate

Published 10 Feb, 2021 08:27pm
  • Benchmark copper on the London Metal Exchange (LME) traded 1.6% up at $8,274 a tonne in official rings.
  • The idea that US stimulus is going to lead to higher inflation has taken hold this week.
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