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Copper market news update daily

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Copper Drops as Prices, China-Tightening Concern Deter Buyers ~ Copper market news update daily

http://coppermarketnews.blogspot.com/2011/02/copper-drops-as-prices-china-tightening.html

Tuesday, 15 February 2011. Copper Drops as Prices, China-Tightening Concern Deter Buyers. Tuesday, 15 February 2011. Copper fell for a second day on concern that record prices and the prospect of more tightening measures by China. The largest user, may hurt demand. Lead, zinc and aluminum also declined. Three-month delivery copper on the London Metal Exchange lost as much as 1.3 percent to $9,886 a metric ton and was at $9,905 at 1:35 pm in Shanghai. China’s consumer price index gained 4.9 perc...8220;It...

2

Copper May Climb Next Week After Rising Above Moving Average, Survey Shows ~ Copper market news update daily

http://coppermarketnews.blogspot.com/2011/07/copper-may-climb-next-week-after-rising.html

Friday, 1 July 2011. Copper May Climb Next Week After Rising Above Moving Average, Survey Shows. Friday, 1 July 2011. Copper may rise after climbing above a moving average amid reduced concern Greece. May default on its debt, a survey showed. 8220;Technical levels getting breached” were “forcing shorts to cover,” said Randy North. A trader at RBC Capital Markets. Short-covering refers to purchases that reverse bets on declining prices. The red bars on the attached chart are derived by subtracting bearish...

3

Copper in New York Declines for First Day in Five on U.S. Economy Slowdown ~ Copper market news update daily

http://coppermarketnews.blogspot.com/2011/05/copper-in-new-york-declines-for-first.html

Monday, 30 May 2011. Copper in New York Declines for First Day in Five on U.S. Economy Slowdown. Monday, 30 May 2011. Copper in New York. Fell for the first time in five days before reports this week that may show the economy is slowing in the U.S., the world’s second-largest consumer of the metal after China. Metal Exchange and U.S. markets are closed today for holidays. US payrolls are expected to rise by 185,000 workers in May, following a 244,000 increase in April, according to the median forecast in...

4

BASE METALS: Shanghai Metals Mostly Up; Weak Physical Buying Caps Copper ~ Copper market news update daily

http://coppermarketnews.blogspot.com/2011/05/base-metals-shanghai-metals-mostly-up.html

Monday, 30 May 2011. BASE METALS: Shanghai Metals Mostly Up; Weak Physical Buying Caps Copper. Monday, 30 May 2011. SHANGHAI (Dow Jones)- Base metals on the Shanghai Futures Exchange were mostly higher Monday, with copper rising for a fourth consecutive session in response to gains in global metal markets Friday. Benchmark SHFE August copper settled 0.3% higher at CNY68,320 a metric ton, after hitting a more-than-three-week high of CNY68,730/ton at the opening. Spot copper was trading at a premium of CNY...

5

Copper sector set to shine on growing demand ~ Copper market news update daily

http://coppermarketnews.blogspot.com/2011/07/copper-sector-set-to-shine-on-growing.html

Friday, 1 July 2011. Copper sector set to shine on growing demand. Friday, 1 July 2011. The Street reported that copper prices may have stalled but a look at supply versus demand makes the industrial metal increasingly attractive. Even though copper is down from its all time high of USD 4.62 per pound, analyst reports continue to project that robust demand from China will help boost prices toward the end of 2011. Source: from the Street. This post was written by: HaMienHoang (admin). 0 Responses to &#822...

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Copper market news update daily

Friday, 1 July 2011. Copper May Climb Next Week After Rising Above Moving Average, Survey Shows. Friday, 1 July 2011. Copper may rise after climbing above a moving average amid reduced concern Greece. May default on its debt, a survey showed. 8220;Technical levels getting breached” were “forcing shorts to cover,” said Randy North. A trader at RBC Capital Markets. Short-covering refers to purchases that reverse bets on declining prices. The red bars on the attached chart are derived by subtracting bearish...

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