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Copper prices rose on Monday at the Shanghai Exchange and hit fresh record highs. Copper May futures at the Shanghai Exchange rose 2.1% today to a record 75.17 thousand yuan a tonne. Conversely, copper futures at the London Metals Exchange fell 0.6% to $9273.50 a tonne, after a 5.2% surge...
Copper prices rose on Thursday as the dollar index fell against a basket of major rivals, with the industrial metal marking nine-month highs. The gains came after US data showed a surprise increase in the number of new homes, and the number of building permits, which indicates increasing copper demand....
Copper Market Analysis Copper prices experienced a rise on Monday, driven by positive Chinese manufacturing data, indicating increased demand for the metal. However, gains were tempered by a surge in inventories. Market Performance Copper May futures at the Shanghai Futures Exchange closed up 0.7% at 72,810 yuan per tonne, following...
Copper prices rose modestly on Thursday while the dollar gained ground, with ongoing concerns about Chinese demand on industrial metals, however copper was still heading for a 4% monthly profit. Copper three-month futures at the London Metals Exchange fell 0.2% to $8834 a tonne as of 12:37 GMT. A recent...
Copper prices gained modest ground on Monday as markets pause to conduct proper inventory after the recent surge, with prices underpinned by a weaker dollar. Chinese copper smelters reached a rare agreement to cut production, which helped underpin prices to 11-month highs at $9,098 at the London Metals Exchange. Copper...
Copper prices hit five-week highs on strong Chinese trade data, while zinc also gained ground as refined production in South Korea slips. Copper three-month futures rose 0.7% to $3638 a tonne, the highest since January 31. Earlier Chinese data showed exports and imports rose past estimates in the first two...
Copper prices fell on Monday as the dollar gained ground ahead of major economic data, while copper inventores surged in China, the world’s largest metals consumer. Copper three-month futures at the London Metals Exchange fell 0.5% to $8529 a tonne, while copper March futures fell 0.4% at the Shanghai Futures...
Copper prices rose on Tuesday after China cut mortgage interest rates, but gains are stymied by investors waiting for more stimulus and support measures by the government. Copper three-month futures rose 0.6% to $8481 a tonne, with prices surging 4.4% at the London Metals Exchange since hitting three-month lows on...
Copper prices edged up on Monday amid thin trading due to the Chinese New Lunar Year holiday, as markets await important US inflation data that could hint at the date of the first Fed rate cut this year. Copper three-month futures at the London Metals Exchange rose 0.1% to $8176...
Copper prices fell on Monday to a two-week low as dollar gained ground against most major rivals, with markets expecting Chinese demand to taper off as the real estate market faces struggles. Copper prices at the London Metals Exchange fell 0.75% to $8418 a tonne, with January 24 lows at...
Copper prices fell on Thursday as the dollar rose while markets expect the Fed to hold interest rates steady in March. Copper three-month futures at the London Metals Exchange fell 0.9% to $8532.5 a tonne. Copper rallied to month highs this week at $8704 before falling back after the bullish...
Copper prices rose on Monday following recent losses that were sustained due to concerns about demand in China, following fresh news about the deteriorating real estate sector, while the US dollar gains ground ahead of the Federal Reserve's meeting. Copper prices at the London Metals Exchange fell 0.3% to $8517...
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