Articles Tagged "China"

Morgan Stanley Copper Price Outlook

Copper – The copper price has started to bounce back from its drastic fall at the start of the year, climbing more than 6 percent over the past month. However, Morgan Stanley has cut its 2015 price forecast for the metal by roughly 16 percent, to $5,945 per tonne, on the back of lackluster demand from China.

Copper Price Rises on Weaker Dollar

Copper – Copper prices rose to their highest point since January as the weakened dollar encouraged investors with foreign currencies to purchase the metal. Prices climbed 1.2 percent and closed at $6,120 a tonne on the London Metals Exchange, according to Reuters.