Copper – A weakened dollar and a production outage at the world's second-largest copper mine in Indonesia have boosted copper prices.
Articles Tagged "copper prices"
Copper – Reuters reported that copper rallied to a two-week high, lifted by supply concerns after the stoppage in production at Grasberg and on a soft dollar. As quoted in the market report:
Copper – opper prices were down on May 21 on the London Metal Exchange due on the back of weak import figures from China.
Copper – Bloomberg reported that copper got a boost from supply concerns with the closure of Freeport-McMoRan Copper & Gold Inc.’s Grasberg Indonesian mine after a tunnel collapse.
Copper – Bloomberg reported that copper futures are headed for their longest rally since January on the back of the work stoppage at Freeport-McMoRan Copper & Gold Inc.'s (NYSE:FCX) Grasberg mine in Indonesia. A tunnel collapsed at the mine on May 14 and the death toll is now at 17.
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.
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.
Copper – Copper prices are up on the London exchange supported by a weak dollar and better-than-expected economic data from Japan.
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 – 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.