Copper Hovers Near 1-Month High

Copper Hovers Near 1-Month High

Copper futures eased to around $4.20 per pound on Tuesday but remained near a one-month high reached in the previous session, following the announcement of additional economic stimulus measures by Chinese policymakers.

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MCX Copper sees Huge Surge as Expected, 811 To 830

MCX Copper sees Huge Surge as Expected, 811 To 830

Copper Outlook: China’s refined copper output in the first nine months rose 5.4% year-on-year to 10.04 million tons, reflecting stable domestic production. The global refined copper market showed a surplus of 54,000 metric tons in August, down from 73,000 metric tons in July.

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Copper prices fall due to National Day holiday in China

Copper comes off four-month high

Copper gave up gains from a four month high on Monday as equities fell sharply as Middle East worries escalated and investors awaited comments from ECB President Christine Lagarde and Federal Reserve Chair Jerome Powell for additional clues on the rate outlook.

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Producers are responding to the expected increase in demand

“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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तांबे की कीमतों में गिरावट क्यों?

तांबे की कीमतों में गिरावट क्यों?

दुनिया की सबसे बड़ी खनन कंपनी बीएचपी (BHP) ग्रुप लिमिटेड ने मंगलवार को कहा कि वह अपने बढ़ते तांबे के पोर्टफोलियो से रिटर्न बढ़ाने पर ध्यान केंद्रित करेगी, क्योंकि उसे लगता है कि इस महत्वपूर्ण नई ऊर्जा धातु के लिए दीर्घकालिक लाभ, चीन में मांग कम होने के कारण लौह अयस्क से घटते रिटर्न की भरपाई करने में मदद करेगा।

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