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.
Articles Tagged "lme copper"
Prices of copper dropped significantly
Copper – Copper prices continue to fall on the London Metal Exchange (LME).
Copper Falls on Profit-Taking
Copper – CNBC reported that three-month copper prices fell 1% as low crude oil prices urged investors to profit-take.
Copper Plummets as Oil Rises
Copper – Copper plummeted the most in three months, Tuesday, over concern that surging oil costs would stall economic growth and dampen demand for the industrial red metal.
Copper Pauses ahead of Annual Commodity Index Weighting
Copper – Overnight, copper futures on the Shanghai Futures Exchange rose modestly in what was a very quiet trading session, taking cues from the London Metal Exchange and the firming of the euro against the dollar.
Economic Optimism Spurs Copper
Copper – Copper futures hit record territory in London Tuesday, buoyed by positive manufacturing data from around the world. Tuesday’s new high was the fifth time in the past seven trading sessions that copper hit a record.
Copper Prices Break Another Record
Copper – Copper climbed to a record in New York for a second day as a weaker dollar and increased investor appetite for commodities overshadowed China’s unexpected interest-rate hike.
Copper Hits Record Amid Supply Threats
Copper – Copper rose to a record on Tuesday after a gain in China’s imports of the metal increased the demand outlook, amid supply disruptions in top-producer Chile.
Copper Surges to New High
Copper – Copper prices rose to record territory Tuesday, as a weak greenback boosted international investor’s demand.
Copper Rises with Economic Optimism
Copper – Easing concerns over the state of the global economy sent copper on its first winning streak in months. Monday marked the fourth straight day that the metal was in positive territory. Copper closed last week with the biggest weekly gain in over four months.
