“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.”
Base Metal Tips
Copper is down by 2.02%
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.
कमजोर चीनी मांग के बीच तांबे की कीमतें स्थिर रहीं
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,
Copper, Base Metal Melt Like Ice as demand Concerns loom after Weak China Data
Copper Market News Today, 17 July 2023: Base metals prices melt like ice on Monday despite support from weakness in the dollar after China’s sluggish economic data fanned demand concerns.
Base Metal Prices Today: डॉलर के कमजोर होने से बेस मेटल में तेजी आई
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।
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 have asked the nation’s banks to lower their deposit rates for at least the second time in less than a year, which means the …
MCX Nickel, Copper and Zinc All Target Hit – Neal Bhai
BASE METAL : MCX Nickel, Copper and Zinc All Target Hit. Copper rose to a near eight-year high during morning trading on the London Metal Exchange on Wednesday January 6 on news about an output delay from the Las Bambas mine in Peru and anticipation over the results of the Georgia run-off senate elections.
MCX Zinc, Copper, Nickel, Lead All Base Metal Tips Target Hit – Neal Bhai
MCX Zinc, Copper, Nickel, Lead (January Contract), All Base Metal Tips Hit All Target – Neal Bhai Reports
BUY ZINC MCX TIPS TODAY CMP 220.50—219.50 TARGET 222 — 224 SL PAID
BUY ZINC MCX TIPS TODAY CMP 220.50—219.50 TARGET 222 — 224 SL PAID. MCX zinc yesterday settled down by 2.63% at 216.35 amid profit booking as dollar seen supported due to continued concerns over the timing of more U.S. economic stimulus.
Zinc MCX Tips Today Hit Full Target High 198.90 – Neal Bhai Reports
Zinc MCX Tips Today Hit Full Target High 198.90, MCX Zinc yesterday settled up by 0.88% at 193.60 on Chinese demand and hopes Sino-U.S. trade tensions were easing.