Trends - Copper - Business Recorder

Copper

Tepid demand pulls China copper imports to more than 2-year low

Arrivals of unwrought copper and products into China, the world's top copper consumer, were 394,017 tonnes in August

Published 07 Sep, 2021 10:06am

Markets

Copper falls from two-week highs as factory activity slows

LONDON: Copper prices fell sharply on Wednesday after data showed that factory activity slowed in August across...

Published 02 Sep, 2021 04:21am

Markets

Copper falls as Chinese factory activity slows

Three-month copper on the London Metal Exchange fell 0.7% to $9,451 a tonne

Published 01 Sep, 2021 09:36am

Markets

London copper dips as investors await Jackson Hole meeting

The much-awaited Jackson Hole meeting could unveil plans to cut stimulus in the world's biggest economy and boost the dollar

Published 27 Aug, 2021 11:32am

Markets

Copper falls as cautious investors await Powell speech

LONDON: Prices of copper and other industrial metals slipped on Thursday as global stock markets wobbled ahead of a...

Published 27 Aug, 2021 04:52am

Markets

London copper edges down as investors eye Fed meeting

Three-month copper on the London Metal Exchange fell 0.3% to $9,350 a tonne

Published 25 Aug, 2021 11:43am

Markets

Copper claws higher on physical demand, but jittery on rates

The market is suddenly looking stronger, we have buyers out there for the physical stuff, not just the financial players

Published 24 Aug, 2021 05:10pm

Markets

London copper falls on caution ahead of Fed symposium

Copper is often used as a gauge of global economic health and a policy tightening might slow a recovery in the world's biggest economy and boost the dollar

Published 24 Aug, 2021 10:55am

Markets

LME copper could test resistance at $9,261 this week

The metal found a support at $8,851, the 61.8% projection level of a downward wave c

Published 23 Aug, 2021 01:09pm

Markets

Copper rebounds, but demand concerns dominate market

LONDON: Copper prices bounced on Friday but remained on track for the largest weekly drop since June due to worries...

Published 21 Aug, 2021 04:21am

Markets

Copper rises after recent fall, set for biggest weekly loss in 2 months

Three-month copper on the London Metal Exchange rose 1% to $8,985.50 a tonne by 0302 GMT

Updated 20 Aug, 2021 11:53am

Markets

Copper slides China, Fed and COVID trigger sell-off

Benchmark copper on the London Metal Exchange was down 2.9% at $8,777 a tonne at 1058 GMT from an earlier $8,740 a tonne, the lowest since April 1

Published 19 Aug, 2021 06:21pm

Markets

Copper hits one-month low on demand and interest rate fears

China's July aluminium imports were up 6.1% from the previous month, data showed on Wednesday, hitting their highest since September 2020

Published 18 Aug, 2021 04:31pm

Markets

Funds unimpressed by mounting copper supply disruption

LONDON: Two Chilean copper mines have been hit by strike action over the last week and a Canadian one has just been...

Published 18 Aug, 2021 04:00am

Markets

Shanghai aluminium hits 13-year high on supply concerns

Three-month aluminium on the London Metal Exchange hit its highest since July 30 at $2,635 a tonne

Published 17 Aug, 2021 11:41am

Business & Finance

Copper retreats on demand worries after Chinese data

LONDON: Copper prices wilted on Monday after weak economic data from top metals consumer China fuelled worries about...

Published 16 Aug, 2021 06:06pm

Markets

Copper falls as China data dents demand outlook

China is the world's biggest copper consumer, and consumption of the metal is often used as a gauge of global economic health

Published 16 Aug, 2021 01:10pm

Markets

LME official prices

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

Published 11 Aug, 2021 04:27am

Markets

Chile supply concerns help copper bounce

LONDON: Copper bounced on Tuesday as worries about supplies from top producer Chile gathered pace, while concerns...

Published 11 Aug, 2021 04:27am

Markets

LME copper may bounce into $9,514-$9,670 range before drop

Driven by a wave c, the trend may extend to $8,851

Published 10 Aug, 2021 01:47pm

Markets

Copper edges down

LONDON: Copper prices fell in London on Friday and were set for a weekly decline, as a stronger dollar made...

Published 07 Aug, 2021 04:01am

Markets

Copper rises as Chile strike threat sparks supply worries

The US Senate, unable to finalise a $1 trillion infrastructure bill on Thursday, will try again on Saturday

Published 06 Aug, 2021 12:27pm

Markets

Copper snaps four-day losing streak

LONDON: A bullish mood on US markets pushed copper slightly higher on Thursday, ending a four-day losing run...

Published 06 Aug, 2021 04:18am

Markets

Copper skids on fears about Delta variant hitting demand

LME copper has eased from a record peak of $10,747.50 touched in May, but is still up 24% so far this year

Published 03 Aug, 2021 05:39pm

Markets

Copper claws higher on softer dollar, hopes for China stimulus

Three-month copper on the London Metal Exchange added 0.4% to $9,767 a tonne in official trading, after falling by 1% on Friday

Updated 02 Aug, 2021 05:47pm

Markets

LME aluminium may rise into $2,674-$2,731 range this week

A projection analysis on the trend suggests a target of $2,674, as the metal has broken a resistance at $2,581

Published 02 Aug, 2021 03:05pm

Markets

Copper rises as Fed spreads bullish mood through markets

LONDON: Copper prices rose on Thursday after signals from the US Federal Reserve that it was in no rush to tighten...

Published 30 Jul, 2021 05:10am

Markets

China copper reserves auction website resumes after crash

A total of 30,000 tonnes of copper and 50,000 tonnes of zinc is open for public bidding on the platform operated by China Minmetals Corp

Published 29 Jul, 2021 12:10pm

Markets

Copper advances on strong second-half outlook

Yangshan copper premium was last traded at $45 a tonne, hovering near its highest level since end-April, indicating higher demand for importing the metal into China

Published 28 Jul, 2021 12:02pm

Markets

Copper near 6-week high on equities crackdown, China floods

Three-month copper on the London Metal Exchange increased 1.2% to $9,632 a tonne by 0353 GMT

Published 26 Jul, 2021 10:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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