Tag: Copper Trading
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...