BR100 Increased By (1.06%)
BR30 Increased By (1.64%)
KSE100 Increased By (0.71%)
KSE30 Increased By (0.78%)
BECO 6.05 Increased By ▲ 0.28 (4.85%)
BML 53.29 Increased By ▲ 0.29 (0.55%)
BOP 34.41 Increased By ▲ 0.42 (1.24%)
CNERGY 8.15 Increased By ▲ 0.04 (0.49%)
DCL 12.21 Increased By ▲ 0.01 (0.08%)
FCCL 54.10 Increased By ▲ 1.27 (2.4%)
FCSC 5.25 Increased By ▲ 0.18 (3.55%)
FFL 18.10 Increased By ▲ 0.15 (0.84%)
FNEL 1.32 Increased By ▲ 0.03 (2.33%)
HUMNL 11.05 Increased By ▲ 0.17 (1.56%)
KEL 8.14 Increased By ▲ 0.12 (1.5%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 88.20 Increased By ▲ 1.69 (1.95%)
NBP 187.48 Increased By ▲ 2.32 (1.25%)
PACE 10.67 Increased By ▲ 0.09 (0.85%)
PAEL 40.00 Increased By ▲ 0.58 (1.47%)
PIAHCLA 26.20 Decreased By ▼ -0.02 (-0.08%)
PIBTL 17.38 Increased By ▲ 0.71 (4.26%)
PPL 232.80 Increased By ▲ 4.62 (2.02%)
PRL 35.04 Increased By ▲ 0.36 (1.04%)
PTC 67.31 Increased By ▲ 1.98 (3.03%)
SEARL 91.00 Increased By ▲ 0.87 (0.97%)
SSGC 27.15 Increased By ▲ 0.55 (2.07%)
TELE 8.67 Increased By ▲ 0.39 (4.71%)
THCCL 59.70 Increased By ▲ 1.20 (2.05%)
TPLP 8.83 Increased By ▲ 0.61 (7.42%)
TREET 24.60 Increased By ▲ 0.07 (0.29%)
TRG 71.25 Increased By ▲ 1.54 (2.21%)
WAVES 10.00 Increased By ▲ 0.06 (0.6%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Topic

copper products

Copper falls on investor caution ahead of Fed symposium

Copper falls on investor caution ahead of Fed symposium

Updated 26 Aug, 2021 04:34pm
  • Fundamentals are still pointing to lower prices ... supply can meet demand
  • On-warrant copper inventories in LME-registered warehouses fell to 169,800 tonnes from almost 240,000 tonnes a week ago
Copper rises for fourth day as inventories dwindle

Copper rises for fourth day as inventories dwindle

Published 25 Aug, 2021 05:15pm
  • "I cannot see a real reason to be bearish ... there is room to break the record"
  • Copper has also held above its 200-day moving average at $8,880, improving its technical picture
Copper eases as dollar firms on US inflation jitters

Copper eases as dollar firms on US inflation jitters

Published 14 Jul, 2021 01:31pm
  • 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.
Copper falters on strong dollar and low Chinese demand

Copper falters on strong dollar and low Chinese demand

Published 02 Jun, 2021 06:16pm
  • Benchmark copper on the London Metal Exchange (LME) was down 1% at $10,113.50 a tonne in official trading.
  • "Demand concerns have been raised onshore (in China), particularly in copper," broker Marex said in a note.
Copper rises as strike fears and Chinese data reassure bulls

Copper rises as strike fears and Chinese data reassure bulls

Published 27 May, 2021 08:27pm
  • Benchmark copper on the London Metal Exchange (LME) was up 0.7% at $10,048.50 a tonne in official trading.
  • Prices of the metal used in power and construction surged to a record high of $10,747.50 this month before slipping to $9,795 on Monday.
Copper up on dollar, strike possibility in Chile

Copper up on dollar, strike possibility in Chile

Published 20 May, 2021 08:32pm
  • Benchmark copper on the London Metal Exchange traded up 1% at $10,104 a tonne in official rings. However, prices of the metal used widely in power and construction are down 6% since hitting a record $10,747.50 a tonne earlier in May.
Slumping dollar boosts base metals, zinc hits 3-year high

Slumping dollar boosts base metals, zinc hits 3-year high

Published 18 May, 2021 08:31pm
  • Benchmark copper on the London Metal Exchange (LME) was up 1.2% at $10,496.50 a tonne in official trading and near last week's record high of $10,747.50.
  • LME zinc was up 2.4% at $3,085 a tonne after surging to $3,108.50, its highest since June 2018.
Copper clings to gains near record high on demand hopes

Copper clings to gains near record high on demand hopes

Published 12 May, 2021 06:21pm
  • Copper prices have doubled in the last year, fuelled by a rebound in demand from top consumer China and other economies after a COVID-19 induced slump.
  • Funds have raised their bullish bets on LME and Comex copper, according to estimates by broker Marex and the US Commodity Futures Trading Commission.
Copper loses ground on fears of Chinese commodities price caps

Copper loses ground on fears of Chinese commodities price caps

Published 12 Apr, 2021 05:50pm
  • Benchmark copper on the London Metal Exchange (LME) shed 0.4% to $8,893.50 a tonne in official trading.
  • Copper has gained about 30% over the past five months, having touched a 9-1/2 year peak of $9,617 in late February.
Dollar, inventories weigh on copper prices

Dollar, inventories weigh on copper prices

Published 30 Mar, 2021 05:43pm
  • Benchmark copper was down 0.7% at $8,804 a tonne.
  • Stocks of copper in LME registered warehouses rose 10,500 tonnes to 142,550 tonnes, a rise of more than 90% since the start of March.
Copper slides as ship blocking Suez refloated

Copper slides as ship blocking Suez refloated

Published 29 Mar, 2021 08:10pm
  • Benchmark copper on the London Metal Exchange was down 0.9% to $8,883 a tonne.
  • "Copper prices lurched lower after we saw the news about the ship in the Suez Canal," a copper trader said. "There may still be a knock-on effect on costs and there is still a queue, but at least the canal isn't blocked any more."
Boliden launches low-carbon copper products

Boliden launches low-carbon copper products

Published 19 Mar, 2021 06:24pm
  • The main spotlight on cutting emissions from industrial metals so far has been aluminium due to its very energy-intensive production, but copper's wide use makes it important as well, he added.
  • Copper, the third most consumed industrial metal after iron and aluminium, is used in electric cabling, construction and increasingly in electric vehicles and wind turbines.
Copper firm on supply concern, but dollar weighs

Copper firm on supply concern, but dollar weighs

Published 18 Mar, 2021 08:13pm
  • Benchmark copper on the London Metal Exchange traded up 0.1% at $9,077.5 a tonne in official rings.
  • Copper and other base metals have struggled to find clear direction in the last few weeks thanks to macro market jitters and the bond market tantrum which caused consternation in cross-asset markets.
Copper rises on signs of higher demand but dollar caps gains

Copper rises on signs of higher demand but dollar caps gains

Published 17 Mar, 2021 08:28pm
  • Three-month copper on the London Metal Exchange (LME) rose 0.7% to $9,024.50 per tonne in official trading, having touched a 9-1/2 year peak of $9,617 last month.
  • We are still in a long term constructive environment for copper. Generally commodities are in a bull market given some of structural changes in terms of demand for energy metals.
Copper slips on profit taking ahead of Fed meeting

Copper slips on profit taking ahead of Fed meeting

Updated 16 Mar, 2021 10:03pm
  • Benchmark copper on the London Metal Exchange dropped 2.1% to $8,956.50 a tonne in official trading.
  • Copper hit a 9-1/2 year peak last month of $9,617, having surged by 24% since the start of the year.
Copper's spectacular rally slows at 9 1/2-year highs

Copper's spectacular rally slows at 9 1/2-year highs

Published 23 Feb, 2021 05:49pm
  • Benchmark copper on the London Metal Exchange was up 0.2% at $9,112 a tonne. *Prices have shot up 16% in February, the biggest monthly rise since November 2016, taking gains since the start of 2020 to around 50%.
Copper slips on profit-taking, but holds near 9-year peak

Copper slips on profit-taking, but holds near 9-year peak

Published 17 Feb, 2021 06:40pm
  • Copper inventories are low generally. Normally in China there would have been a build-up before the New Year holiday, but that didn't happen.
  • "The reflation narrative has taken hold and that could be reinforced by a decision in the United States to press ahead with large stimulus."
Copper hovers near eight-year high as Chinese holiday starts

Copper hovers near eight-year high as Chinese holiday starts

Published 11 Feb, 2021 05:20pm
  • The start of the Chinese holiday kept trading activity low, with benchmark copper on the London Metal Exchange (LME) flat at $8,299 a tonne.
  • The more the price moves up in the very short term the bigger the fall will be in the second half of this year.
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.
Copper at one-month high on stimulus hopes, soft dollar

Copper at one-month high on stimulus hopes, soft dollar

Published 09 Feb, 2021 05:25pm
  • Three-month copper on the London Metal Exchange (LME) added 1% to trade at $8,118 per tonne.
  • Its a macro-driven story for copper at the moment. Market participants are euphoric and equities are at record highs.
Firmer dollar, equities sell-off push Shanghai copper to 1-month low

Firmer dollar, equities sell-off push Shanghai copper to 1-month low

Published 28 Jan, 2021 07:43pm
  • The most-traded March copper contract on the Shanghai Futures Exchange dropped as much as 2% to 57,620 yuan ($8,895.82) a tonne, a level unseen since Dec. 23, 2020.
  • Three-month copper on the London Metal Exchange edged 0.1% lower to $7,818 a tonne, and nickel fell 1.4% to $17,660 a tonne and tin shed 1% to $22,575 a tonne.
Weakening dollar lifts copper as rally loses momentum

Weakening dollar lifts copper as rally loses momentum

Published 26 Jan, 2021 08:54pm
  • Benchmark copper on the London Metal Exchange (LME) was up 0.5% at $8,015.50 a tonne.
  • The metal used in power and construction has hovered around $8,000 since slipping from a high of $8,238 on Jan. 8.
Loading...