Base Metal Update Today, 14 August 2023: कभी चीन की अर्थव्यवस्था का स्तंभ और धातुओं का प्रमुख उपभोक्ता माने जाने वाले संपत्ति क्षेत्र और मजबूत डॉलर पर बढ़ती चिंताओं के कारण अधिकांश आधार धातुओं की कीमतों में सोमवार को गिरावट आई।
copper price
copper price
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 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.
Copper price below $10,000 for the 1st time in a month on demand concerns
Copper price fell on Monday to the lowest in a month with mounting concern about the outlook for demand due both to spreading lockdowns in China and the continuing war in Ukraine.
Copper Market to be Well Supplied in 2022 – Neal Bhai
The global refined copper market is expected to be in a significant surplus in 2022, following a small supply deficit in 2021.
Base Metals: Copper prices Skids to lowest in a month as investors reduce risk
Base Metals: Copper prices have dropped 0.35% this week however they will now be at 4 pyo per pound. Gold and silver had also risen from covid-lows to $9,700 metric tonne in New York. The bellwether has been fuelled by a widely-held belief that demand for it should be heavily supported by the economic post-pandemic boom but also by the worldwide push to decarbonise.