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May 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

LME copper

LME official prices

LME official prices

LONDON: The following were Tuesday official prices....
Published 10 Jun, 2021 03:22am
Copper prices ease
Markets

Copper prices ease

LONDON: Copper prices eased on Monday as investors took fright from weaker than expected trade data from top ...
Published 08 Jun, 2021 04:09am
Copper slips on worries about Chinese demand after trade data
Markets

Copper slips on worries about Chinese demand after trade data

  • China's copper imports fell 8% in May from the previous month as record-high prices further eroded buying interest while overall export growth missed analysts' forecasts.
  • Three-month copper on the London Metal Exchange had shed 0.6% to $9,890 a tonne by 1430 GMT after rising by 1.7% on Friday.
Published 07 Jun, 2021 08:51pm
Copper retreats on fears over Chinese price crackdown
Markets

Copper retreats on fears over Chinese price crackdown

  • Copper on the London Metal Exchange (LME) was set for its biggest weekly drop since September 2020 after a sizzling rally with near 40% gains since the start of the year to a record peak of $10,747.50 last week.
  • Three-month LME copper had slid 1.6% to a two-week low of $9,884 a tonne, down 3.5% on the week.
Published 21 May, 2021 08:20pm
Copper up on dollar, strike possibility in Chile
Markets

Copper up on dollar, strike possibility in Chile

  • 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.
Published 20 May, 2021 08:32pm
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
Slumping dollar boosts base metals, zinc hits 3-year high
Markets

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

  • 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.
Published 18 May, 2021 08:31pm