Copper – ABC News reports that Copper prices are slipping as global inventories begin to build again.
Articles Tagged "warehouses"
Copper – Bloomberg reports that Copper rose for the first time in three days in London.
Though inventories of nickel stored at the LME warehouses have slipped for a sixth consecutive time, with the Chinese traders coming back to the market, demand for nickel is bound to perk up. Dow Jones reported that 3-month nickel ended the day at $9.40/lb, a new high for 2010 and a gain of 12 [...]
Copper Investing News reports copper prices fell this week. On Monday, copper fell in New York to the lowest price in more than five weeks, as an increase in inventory sparked mounting concern that demand is dwindling. Stockpiles in warehouses monitored by the London Metal Exchange rose 1.1 per cent to 344,350 metric tons, the [...]
Lead Investing News reports lead prices have fell to its lowest point. Lead prices on the LME are poised to fall further after dropping sharply in the previous session. Analysts are now forecasting that the metal’s demand base could weaken further as growth in China continues to shrink and car sales keep falling. Lead for [...]