Copper – Copper prices fell in London on the back of reports that China may cut its demand for the metal and that the US economy is improving.
Articles Tagged "copper demand"
Copper – Copper prices on the London Metal Exchange rose to $1,333.25 a metric ton the morning of May 8, an increase of nearly $12 from the previous day.
Copper – Reuters reported that copper moved up on Monday, in the wake of three weeks of losses, as orders jumped the most in 15 years.
Copper – In the last couple of years, the combination of declining ore grades, labor disruptions and delayed or cancelled mine expansions has led to increased copper scrap consumption. Now, amid tightening supply, the price gap between scrap and refined copper is closing.
Copper – Bloomberg reported that copper component maker Luvata anticipates a rise in demand from Asia and the U.S. of at least 5 percent this year.
Copper – Bloomberg reported that copper had a volatile trading day as investors alternated between dwindling demand and positive U.S data.
Copper – Reuters reported that a poor demand outlook for industrial metals — caused by indications of weak global growth — brought copper to almost a three-week low.
The Commodity Investor examines the outlook for copper in 2013, encouraging investors to keep an eye out for JPMorgan's new physical copper ETF.
Copper – Bloomberg reported that Morgan Stanley believes that copper will rise by 7.6 percent in 2013, lifted by a rise in demand from China, U.S. and Europe.
Copper – Bloomberg reported that Codelco will likely reduce premiums for Chinese buyers for the second year in a row, as demand for imports wane.