US LME Archives

Copper Prices CMCU3 Have Extended Their Sharp Recovery

Last Updated On December 17, 2020 6:33 PM by Neal Bhai

Copper prices CMCU3 have extended their sharp recovery last week from the March lockdown lows of $4,371 to $7,973.5 a tonne, the highest since February 2013, buoyed by China’s solid demand and hefty investments by speculators amid monetary policy easing. views the current prices do not reflect fundamentals and the rally has been overdone.

Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai

Last Updated On April 13, 2020 5:02 PM by Neal Bhai

Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai

Shanghai copper prices rose to a near four-week high on Monday as supply worries rose following a fall in inventories and suspension of operations in major producer nations.

Copper News Today, 21 July 2023: चीनी stimulus समर्थन से अधिकांश बेस मेटल में तेजी

BASE METAL TIPS – Copper Prices OutLook: Net Longs in the Industrial Metal Grew Slightly

Last Updated On January 8, 2020 9:43 AM by Neal Bhai

Base Metal Tips – Copper Prices: Net longs in the industrial metal grew slightly as funds marginally cut back on their short positions by 1%. However, copper could be starting to top out as investors refrain from taking up fresh longs.

MCX Copper (Oct) Weaker Below ₹455, Any Rise Fresh Selling; Down Side Support ₹430

Last Updated On September 30, 2019 5:57 PM by Neal Bhai

BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.

MCX Copper Tips Rocking 446 To 441.05 – Copper Melt Like ICE

Last Updated On October 1, 2019 12:01 AM by Neal Bhai

MCX Copper Tips – MCX Copper settled down 0.93% at 443.4 as the market awaited news from the US-China trade talks. The steady economic growth pace in the United States was also underscored by other data showing home resales rising in August to a 17-month high.