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Copper dwindles to a 3-month low on demand jitters

On Tuesday, copper prices traded to a three-month low as the COVID-19 restrictions in top consumer China fueled worries about weaker growth, hitting metals...

Copper declines on lower global economic outlook

On Wednesday, copper prices stepped lower after the International Monetary Fund (IMF) slashed its forecast for global economic growth. The most active US futures tied...

Metal Prices Extend Surge on Low Global Stockpiles

On Thursday, metal prices extended their rally as global stockpiles remained low amid Russia’s increasing economic isolation. Accordingly, aluminum prices significantly hiked 4.60%, or 160.00...

Supply shortage pushes copper higher

Copper prices advanced to rally towards record highs on Monday as hints of highly tight supply exceeded concern that slowing growth in top consumer China will...

Weekly market updates: Forex Stocks Crypto Commodities

Forex weekly overview Global markets had some significant ups and downs this week. In This article, we will summarize some major highlights in Forex, Crypto,...

Dow Futures Are Reduced by 200 Points – Causes and Solution

Although the coronavirus pandemic has been raging for more than two years, and there is a vaccine to fight it, it still manages to...

World copper supply endangered

A tightening global copper market faces the real chance of simultaneous strike severance at three mines in Chile, the largest metal producer. Until now, the...

Oil drops as investors consider surprise build

Oil was falling Wednesday morning in Asia, with investors considering a surprise build in U.S. crude oil supplies and proceeding to evaluate the impact...

China`s first round of auctions fails to impress

China has published details of its first round of auctions of non-ferrous metals from its state reserves. The market response was underwhelming at best. The...

China is no longer center of commodities pricing

Goldman Sachs stated it no longer viewed China as the center of commodities pricing, reflecting the pace of demand recovery in developed markets implied...

China to build up commodity price controls

China will establish price controls on iron ore, copper, corn, and other major commodities in its 14th five-year plan for 2021 to 2025 to...

Iron ore price declines

Iron ore prices dropped on Thursday following China attempted stricter oversight of commodity markets to control exorbitant prices. Benchmark 62% Fe fines imported into Northern...

Japan’s export increased the most since 2010 in April

According to the latest news, Japan's export increased the most since 2010 in April. Meanwhile, capital spending perked up on increasing global demand for...

Commodities surpass milestones

When headline crude futures surpassed $US70 a barrel on Tuesday, it was singularly the newest landmark in a banner year for uncooked supplies. From copper...

Commodity boom raises from pandemic chaos

With many countries fighting with the worsening epidemic as the number of coronavirus cases proceeds to climb over the globe. A commodity boom has...