Copper Moves up on Lower Supply, Promising Demand
Copper – Bloomberg reported that copper climbed on Friday, reducing losses this week, given a boost by improving U.S. consumer confidence that suggest an up tick in demand.
Articles Tagged "Copper Market News"
Copper for Three-month Delivery Falls to $7,198 per MT in London
Copper – Copper for delivery in three months fell on the London Metal Exchange to $7,198 per metric ton, a 0.6-percent decline.
Copper Prices Decline to $3.283 Amidst Signs of Slowing Chinese Growth
Copper – Copper for July delivery fell to $3.283 a pound on the COMEX in New York the morning of May 14, a decrease of $0.0755.
Chinese Factory Data Boosts Copper on LME
Copper – Copper prices increased May 13 on the London Metal Exchange to $7,390 a tonne, about $15 higher than the previous session.
Copper Gains Momentum on Signs of Life in Chinese Demand
Copper – Bloomberg reported that copper continued to rise on Monday, boosted by signs of strength gathering in major consumer China's demand. As quoted in the market report:
Likelihood of Chinese Inflation Increase Pulls Copper Back
Copper – Bloomberg reported that copper, although on track for a third weekly gain, retreated on Friday on speculation that Chinese inflation may be on its way up.
Copper Rises on Chinese Import/Export Data
Copper – Bloomberg reported that copper advanced on Wednesday, pushed forward by indications that Chinese demand is growing.
Copper Hits Three-week High at $1,333.25 MT in London
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 Down to $3.28 a Pound
Copper – Copper delivery for July fell to to $3.2805 a pound on the COMEX in New York on May 7, a decrease of about 0.9 percent, Bloomberg reported.
Copper Gains Momentum, Hitting Three-Week High
Copper – Reuters reported that copper reached a three-week high on Tuesday, given momentum by last week's strong U.S. jobs report.
