Base Metal Tips

Producers are responding to the expected increase in demand

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“In the second quarter, however, production did not increase compared to the second quarter of last year. As a result, primary Copper production from ores has increased more than mining production over the last three months. This is likely to lead to more subdued production of refined Copper in the coming months, as this will put pressure on the margins of Copper smelters.”

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Copper is down by 2.02%

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Copper Price Outlook: Copper decreased 2.02% to 4.092 USD/Lbs. Zambia’s copper output fell 2% in 1H this year as Africa’s second-largest producer of the industrial metal grapples with drought-induced electricity crisis at its hydropower plants, says Oxford Economics Africa. Its refined copper exports also declined 2% to 378,400 metric tons in 1H but earnings climbed to $1.9 billion in 2Q from a $1.5 billion in 1Q driven by robust global copper prices, it notes.

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कमजोर चीनी मांग के बीच तांबे की कीमतें स्थिर रहीं

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Copper Price News Today: चीन से कमजोर मांग की चिंताओं के कारण शुरुआती एशियाई व्यापार में तांबे की कीमतें स्थिर हैं। तीसरे प्लेनम शिखर सम्मेलन से प्रोत्साहन की कमी के कारण निवेशक देश की तांबे की मांग के बारे में अधिक निराशावादी हो रहे हैं,

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Base Metal Prices Today: डॉलर के कमजोर होने से बेस मेटल में तेजी आई

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Maharatna PSU SAIL shares surge over 2.50% on AGM day - Know key details

बेस मेटल की कीमतें (Base Metal Prices) मंगलवार को बढ़ गईं क्योंकि कमजोर डॉलर (Dollar) ने अन्य मुद्राओं के धारकों के लिए ग्रीनबैक-मूल्य वाली धातुओं को सस्ता कर दिया।

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