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Copper steadies as Chinese producer inflation stokes price curb fears Copper prices steadied on Wednesday as high factory gate prices in China raised concerns of price curbs by the government, countering support from supply worries and a promising demand outlook. Three-month copper on the London Metal Exchange was up 0.04% at $9,967.50 a tonne by 0733 GMT, while the most traded July copper contract on the Shanghai Futures Exchange closed 0.2% higher at 71,510 yuan ($11,186.90) a tonne. Chinese ...

(Updates prices) HANOI, June 1 (Reuters) - Copper prices rose on Tuesday, helped by recovering global demand, supply threats from a labour dispute in Chile and a weaker dollar. Three-month copper on the London Metal Exchange was up 0.5% to $10,306 a tonne at 0706 GMT, while the most-traded July copper contract on the Shanghai Futures Exchange was up 0.6% to 74,160 yuan ($11,632.94) a tonne. “Prices have increased on the back of a firm uptick in demand as the world outside of China recovers, i...

Article content HANOI — London copper prices hit a record high on Friday as tight supply outlook and hopes for strong demand amid the global economic recovery and from the new energy sectors boosted sentiment. Three-month copper on the London Metal Exchange was up 1.4% at $10,237 a tonne by 0701 GMT, after rising 1.6% earlier to hit an all-time high of $10,253. The contract has leapt 134% since March last year, when demand was hit by the coronavirus pandemic. We apologize, but this video has ...

London copper prices were a hair's breadth away from the psychological level of $10,000 on Thursday, as a weaker U.S. dollar made the greenback-priced metal cheaper to holders of other currencies.

Channels Television   Updated April 29, 2021 In this file photo taken on October 16, 2018 an Indonesian worker processes copper pipes at a Nakamoto Mfg factory in Oizumi, Gunma prefecture. AFP   The price of a tonne of copper exceeded $10,000 on Thursday for the first time since February 2011 thanks to strong demand in China and the weak dollar. The industrial metal is considered a barometer for the general health of the economy by market analysts, which have dubbed it Dr. Copper. Its price h...

Thursday, 29 Apr 2021 11:51 PM MYT A man stands near copper cathodes on a truck at a near Yangshan Deep Water Port, south of Shanghai, March 23, 2012. – Reuters pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. LONDON, April 29 — The price of a tonne of copper exceeded US$10,000 (RM41,025) today for the first time since February 2011 thanks to strong demand in China and the weak dollar. The industrial metal used in electronics and construction is calle...

Views: Visits 8 (FILES) In this file photo taken on October 16, 2018 an Indonesian worker processes copper pipes at a Nakamoto Mfg factory in Oizumi, Gunma prefecture. – The price of copper is inching toward a record 10,000 dollar a tonne, a price not seen for a decade on April 27, 2021. (Photo by Kazuhiro NOGI / AFP) The price of a tonne of copper exceeded $10,000 on Thursday for the first time since February 2011 thanks to strong demand in China and the weak dollar. The industri...

The price of copper on Tuesday hit a decade-high close to $10,000 a tonne, largely on strong Chinese demand and tight supplies of the metal used in popular electric wiring. Copper reached $9,965 a tonne on the London Metal Exchange -- the highest level since March 2011 -- on strike action in the worlds biggest copper producer Chile and owing also to a weaker dollar, according to analysts. The price has more than doubled since dropping to $4,371 a tonne in March last year as the coronavirus pand...

Copper hits 10-year high on supply concern, easing dollar Shanghai copper prices hit their highest in over 10 years while the London contract jumped to near a decade high on Monday as supply concerns and a weaker dollar boosted prices. The dollar edged lower amid speculation U.S. Federal Reserve Chairman Jerome Powell will shun talk of tapering bond purchases at a policy meeting this week, making greenback-priced metals cheaper to holders of other currencies. Meanwhile, a potential strike in to...

by Tyler Durden Monday, Apr 26, 2021 - 09:44 AM Copper futures hit their highest levels in ten years on Monday as several factors, including supply concerns, a weaker dollar, the Biden administrations plan to improve infrastructure, growth in renewable energy, and Chinas increasing demand, continue to fuel expectations of higher demand for the industrial metal. The dollar continues to edge lower Monday amid speculation Federal Reserve Chairman Jerome Powell will not announce tapering at this w...