Copper Trading Forecast: Three-month copper on the London Metal Exchange (LME) was up 0.5% at $8,300 per metric ton by 0454 GMT, after losses in the previous session amid selling across risk asset classes.
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Base Metals Declined; After new signs of China’s Faltering Economic Recovery Emerged
Base metals declined on Wednesday after new signs of China’s faltering economic recovery emerged, traders awaited US Federal Reserve minutes for clues on the central bank’s rate outlook and a key US jobs report later in the week .
Copper Slip on Dollar Strength, Downbeat China Data
Copper prices fell on Tuesday over a dismal demand outlook driven by a stronger dollar and weak economic data from top metals consumer China.
Copper Price Today: तांबे का गिरना; घाटा सीमित रह सकता है
Copper Price Today: सुबह के एशियाई सत्र में तांबे में गिरावट आई, लेकिन नुकसान सीमित हो सकता है। एएनजेड रिसर्च के विश्लेषकों ने एक शोध रिपोर्ट में कहा है कि एक मीडिया रिपोर्ट से तांबे में बढ़त पर अंकुश लगा है कि दुनिया के सबसे बड़े तांबा (Copper) उत्पादक कोडेल्को ने बारिश के कारण अपनी एंडिना तांबे की खदान को बंद करने के बाद उसमें परिचालन फिर से शुरू कर दिया है।
Copper Prices Trade Under Sideways; China Data in Focus
Copper prices are trade under sideways in early Asian trade, with the tone of the session likely to be set by newly released China CPI and PPI figures, which should provide cues on the country’s economic growth. While the price of base metal is likely to remain under pressure if macroeconomic headwinds persist, any shift in sentiment could lead to gains for industrial commodities, say GSR (GoldSilverReports) analysts in a note. The three-month forward LME copper contract is flat at $8,347 a ton. (GoldSilverReports.com)
Base Metal Update: Copper, Zinc Up on Further Hopes of China Policy Support
Base Metal Update: Base metals including copper (तांबा) and zinc (जस्ता) rise in early Asian trade amid hopes of further policy support from China. Chinese authorities …
Copper Spirals To 19-Month Low As Recession Fears Dominate
Copper fell to its lowest price in 19 months, with metals extending losses as global recession fears continue to damp the demand outlook for commodities.