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coronavirus
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182,311

Copper

Stronger dollar and new COVID-19 cases drag metals lower

Stronger dollar and new COVID-19 cases drag metals lower

  • Investors fretting about the impact of a sharp rise in cases in Europe kept the dollar near two-month highs.
  • Three-month copper on the London Metal Exchange was down 0.8% at $6,551 a tonne at 1650 GMT after touching its lowest since Aug. 18.
Published 24 Sep, 2020 11:53pm
India plans to restrict copper, aluminium imports with an eye on China
World

India plans to restrict copper, aluminium imports with an eye on China

  • Officials in New Delhi are expected to soon ask importers to register with authorities as a first step towards tighter controls that would require permits for individual shipments of the two metals,
  • The purpose of (the) system is to have adequate information ... so that an appropriate policy intervention could be devised.
Published 10 Sep, 2020 05:41pm
Copper dips as sizzling rally loses some of its heat
Markets

Copper dips as sizzling rally loses some of its heat

  • Benchmark copper on the LME was down 0.8% at $6,736 a tonne in official trading.
  • The macro picture looks pretty strong," said Robin Bhar, an independent analyst. "Activity in China is more or less back to normal.
Published 08 Sep, 2020 07:13pm