Copper – Copper prices are down and volatile and world demand for raw materials is still not showing a firm upward direction. In this climate, copper majors are a good buy for an investor who is in for the long haul.
Articles Tagged "copper outlook"
Copper – China, not Europe, holds the most sway in determining global copper demand, yet the Eurozone’s woes are hurting the red metal’s price. The bulls expect demand to rise steadily later this year, especially as a Chinese rebound is projected, but others are not as certain about how China will support copper demand moving forward.
Copper – Bloomberg reported that traders are more bullish on copper than they have been for two months.
Copper – Copper futures closed down on Thursday as data pointing toward slowing manufacturing growth put the growth-sensitive red metal under pressure.
Copper – Reuters reported that copper prices stabilized although weekly losses are expected.
Copper – The Resource Investing News survey showed a fundamental change in what investors are interested in putting their money into. Since 2009, interest in copper stocks has risen by 28 percent. Remarkably, over the past year, when copper’s rally stalled, there was still an 11 percent gain in interest.
Copper – The 2011 price of copper has been severly influcenced by several factors, such as unfavourable economic data from the US, concerns over China's monetary tightening, and the financial stability of the Eurozone.
Copper – Despite copper's slide in price, the metal is holding ground compared to other commodities. Japan's reconstruction efforts are apt to boost metal demand in the medium term.
Copper – China has been rapidly moving forward, to dominate the commodities rally and more than compensating for the rest of world’s shortcomings. Wayne Atwell, Managing Director at Casimir Capital L.P., comments on what he believes has made China a force to be reckoned with.