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copper import

China copper output rises
Markets

China copper output rises

BEIJING: China’s copper cathode output jumped 5.8% in February from a month earlier, as major smelters ramped up...
Published 12 Mar, 2022 04:08am
Copper hits one-month low
Markets

Copper hits one-month low

LONDON: Copper prices extended their decline to a one-month low on Tuesday on renewed fears that troubles at...
Published 22 Sep, 2021 03:48am
Brazil's real bucks Latam gloom on hawkish central bank minutes
Markets

Brazil's real bucks Latam gloom on hawkish central bank minutes

  • Brazil's real erased early losses to trade up 0.2%, as central bank minutes showed a 100 basis point hike could be coming at the next meeting to keep inflation in check.
  • Copper struggled to hold gains, weighing on top producer Chile's peso, while Mexico's peso looked to give back Monday's strong gains, down 0.4%.
Published 22 Jun, 2021 08:07pm
Copper hits 7-week low as funds, traders cut long positions
Markets

Copper hits 7-week low as funds, traders cut long positions

  • "The next leg of the rally will be led by the physical market around the third quarter when the whole supply chain has used up its stocks."
  • Aluminium was down 1.8% at $2,449.50 a tonne, zinc fell 1.4% to $3,002, lead slipped 1.2% to $2,185, tin dropped 1.4% to $31,217 and nickel ceded 2.9% to $17,938.
Published 15 Jun, 2021 09:03pm
Copper sinks as inflation fears eclipse South American political risk
Markets

Copper sinks as inflation fears eclipse South American political risk

  • Benchmark three-month copper on the London Metal Exchange (LME) shed 2.6% to $10,136 a tonne.
  • The metal, widely used in the power and construction industries, was on track for its biggest daily fall since February. Last week, copper hit a record of $10,747.50 a tonne and has jumped 32% so far this year.
Published 19 May, 2021 05:25pm
Copper turns higher
Markets

Copper turns higher

LONDON: Copper rose back towards last week’s record high on Monday as the threat of strikes at mines in Chile and ...
Published 18 May, 2021 05:05am