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Copper

Canadian dollar advances for eighth straight week

Investors have worried that the heating up of the U.S. economy could raise the outlook for inflation, prompting the Federal Reserve to tighten monetary policy.

Updated 22 May, 2021 01:26am

Markets

LME copper eyes worst week since Sept 2020 on China price curb fears

China, the world's biggest copper user, said on Wednesday it would strengthen its management of commodity supply and demand to curb "unreasonable" increases in prices, and prevent them being passed on to consumers.

Published 21 May, 2021 11:48am

Markets

Copper prices sink

LONDON: Copper prices fell on Wednesday as rising inflation pushed investors into a risk-off sentiment, offsetting...

Published 20 May, 2021 04:26am

Markets

China to stabilise commodity market, asks coal producers to hike output

BEIJING: China will strengthen its management of commodity supply and demand to curb “unreasonable” increases in...

Published 20 May, 2021 04:26am

Markets

China says it will stabilise commodity market, step up trade and stockpiling adjustment

Prices for commodities such as steel, iron ore and copper have surged this year fueled by post-lockdown recoveries and easing liquidity globally.
The country also urged coal producers to boost production "in the premise of ensuring safety" to meet peak demand in summer, the cabinet said.

Published 19 May, 2021 06:31pm

Business & Finance

Glencore to restart operations at Mutanda copper, cobalt mine in 2022

Process of recruiting for Mutanda ongoing.
Mutanda output could ease shortages in copper, cobalt market.

Published 18 May, 2021 08:29pm

Markets

Copper rises; ShFE zinc at 13-1/2-year high on supply concerns

Meanwhile, Yangshan copper premium climbed $1.50 to $38.50 a tonne on Monday, rising for the first time since February and signalling early signs of improved demand for imported metal into China.

Published 18 May, 2021 12:23pm

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

Consortium proposes to develop copper, gold mine

KARACHI: Balochistan Mineral Exploration Company (BMEC), a JV of Balochistan government (90 percent) and government...

Published 17 May, 2021 06:14am

Markets

Copper clings to gains near record high on demand hopes

LONDON: Copper hovered near record highs on Wednesday as expectations of strong demand in a lower carbon economy and...

Published 13 May, 2021 03:10am

Markets

Tokyo rubber futures up

TOKYO: Japanese rubber futures rose on Wednesday, reversing earlier losses, as they took their cue from the Shanghai...

Published 13 May, 2021 03:10am

Markets

Copper bounces back as bullish investors bet on shortages

LONDON: Copper prices rebounded on Tuesday as investors renewed their buying spree, hoping that supply constraints...

Published 12 May, 2021 04:23am

Markets

London copper rises as traders bet on bullish demand outlook

The most-traded June copper contract on the Shanghai Futures Exchange dipped 0.5% to 76,380 yuan ($11,887.94) a tonne, clawing back from early losses of 2.5%.

Published 11 May, 2021 12:41pm

Markets

Copper slips after rallying to peak

LONDON: Copper slipped on Monday after touching a new record peak as bullish investors who recently entered the...

Published 11 May, 2021 04:39am

Markets

Stocks cheer prospects for low rates, copper shines

World shares climb to fresh record high, up 0.2%.
Shock U.S. jobs data ease concerns over Fed rate hikes.
Dollar nurses losses, sterling rises above $1.40.

Published 10 May, 2021 04:55pm

Markets

LME official prices

LONDON: The following were Thursday official prices....

Published 08 May, 2021 03:30am

Markets

Copper hits record high on industry and speculative buying

Benchmark copper on the London Metal Exchange (LME) broke above the previous record high of $10,190 set in 2011 and had gained 2.3% to $10,325.
The most-traded June copper contract on the Shanghai Futures Exchange climbed as much as 2.7% to 74,950 yuan ($11,603) a tonne, its highest since May 2006 and only 1.6% below its record peak of 76,160 yuan.

Published 07 May, 2021 05:24pm

Markets

Some commodity producers lagging the rallies in red-hot metals

CHICAGO: The global rally in commodities has seen some like copper and iron ore probe record highs, but when it ...

Published 07 May, 2021 04:35am

Markets

Copper hits 10-year high on hopes for demand

LONDON: Copper hit a fresh 10-year high on Wednesday as some of the world’s largest economies showed signs ...

Published 06 May, 2021 03:49am

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.598...

Published 05 May, 2021 04:01am

Markets

Copper prices resume climb towards $10,000

LONDON: Copper prices climbed back towards $10,000 per tonne on Tuesday, supported by prospects for higher demand...

Published 05 May, 2021 04:01am

Markets

Copper rally to lose steam in H2 as China curbs stimulus

LONDON: A rally in copper prices is likely to stall in the second half of the year as top consumer China reins in...

Published 04 May, 2021 04:26am

Opinion

Bacon and copper lead commodity price surge

Global prices for raw materials are soaring thanks to a boom in demand due to the recovery from the Covid-19...

Published 03 May, 2021 04:39am

Markets

Copper bonanza challenge for top producer Chile

"There is a conjunction of elements that are making investors adopt a more cautious position," he added.

Published 02 May, 2021 11:23am

Markets

LME official prices

LONDON: The following were Thursday official prices....

Published 01 May, 2021 03:28am

Markets

Copper prices down

LONDON: Copper drifted lower on Friday, hovering below the $10,000 level it briefly broke through a day earlier as...

Published 01 May, 2021 03:28am

Saindak: federal govt gives profit share to Balochistan

ISLAMABAD: Mian Asad Hayaud Din, Federal Secretary of Petroleum Division, in a meeting with chief secretary,...

Published 01 May, 2021 03:28am

Markets

Copper edges towards $10,000 ahead of holiday in China

Benchmark copper on the London Metal Exchange was up 0.1% at $9,895 a tonne.
Copper prices dipped initially on Friday, but then joined gains in other risky assets such as world stocks, which held near record highs, lifted by strong US data and the Federal Reserve's vow to support the economy.

Published 30 Apr, 2021 05:32pm

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.631...

Published 30 Apr, 2021 05:06am

Markets

Copper retreats after breaking $10,000 level

LONDON: Copper slipped on Thursday after briefly punching above the $10,000 level, last broken a decade ago, as...

Published 30 Apr, 2021 05:06am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Dadex Eternit / May 23 Dadex Eternit Limited(DADX)	78.12 ▲ 5.45 (7.50%)
Imperial Limited / May 23 Imperial Limited(IML)	14.99 ▲ 1.04 (7.46%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	78.34 ▲ 4.49 (6.08%)
Khairpur / May 23 Khairpur Sugar Mills Limited(KPUS)	52.80 ▲ 3.00 (6.02%)
Maqbool Tex. / May 23 Maqbool Textile Mills Limited(MQTM)	67.98 ▲ 3.86 (6.02%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.10 ▲ -0.30 (-12.50%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.50 ▲ -1.00 (-9.52%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.03 ▲ -0.42 (-9.44%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Ist.Dawood Bank / May 23 First Dawood Investment Bank Limited(FDIBL)	2.15 ▲ -0.18 (-7.73%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)
Punjab Oil / May 23 Punjab Oil Mills Limited(POML)	159.15 ▲ -12.90 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	8,298,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	6,879,000 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,540,731 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	5,272,000 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	4,983,463 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	4,411,314 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	3,774,684 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,673,000 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,501,000 ▼ 0.00
Hum Network / May 23 Hum Network Limited(HUMNL)	3,453,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

Copper

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