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LME copper eyes worst week since Sept 2020 on China price curb fears

London copper was set for its biggest weekly drop since September 2020 on Friday, hit by fears that authorities in China would take measures to curb a rally in commodity prices. .

Han iRepublic ofUnited kingdomCity ofMai nguyenElaine hardcastleDevika syamnathMalcolm freemanLondon metal exchangeShanghai futures exchangeInternational nickel study groupInternational copper study groupஹான் நான்குடியரசு ஆஃப்ஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்

LME copper eyes worst week since Sept 2020 on China price curb fears | Hellenic Shipping News Worldwide

LME copper eyes worst week since Sept 2020 on China price curb fears London copper was set for its biggest weekly drop since September 2020 on Friday, hit by fears that authorities in China would take measures to curb a rally in commodity prices. Three-month copper on the London Metal Exchange fell 1.3% to $9,921.50 a tonne by 0702 GMT, down 3.1% on a weekly basis. The most-traded June copper contract on the Shanghai Futures Exchange closed down 1.2% to 71,980 yuan ($11,189.01) a tonne, also down from a week earlier. China, the world’s biggest copper user, said on Wednesday it would strengthen its management of commodity supply and demand to curb “unreasonable” increases in prices, and prevent them being passed on to consumers.

United kingdomCity ofMai nguyenElaine hardcastleDevika syamnathMalcolm freemanLondon metal exchangeShanghai futures exchangeInternational nickel study groupInternational copper study groupஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்மை ஂக்யந்எலைன் ஹார்ட் கேஸில்மால்கம் ஃப்ரீமேன்லண்டன் உலோகம் பரிமாற்றம்

Copper s Record-Breaking Rally May Be About to Take a Pause

Copperâs Record-Breaking Rally May Be About to TakeÂ a Pause May 19 2021, 11:06 AM May 19 2021, 4:00 AM May 19 2021, 11:06 AM (Bloomberg Opinion) Is copperâs record-breaking rally nearing its end? There areÂ more and more reasons to think so. (Bloomberg Opinion) Is copperâs record-breaking rally nearing its end? There areÂ more and more reasons to think so. Three-month forwards on the London Metal Exchange hit an unprecedented $10,440 a metric ton last week, after nearly doubling in price in the space of a year. Since then, theyâve bounced around the same level, unsure whether to rise further or pause for breath.

City ofUnited kingdomDavid ficklingClara ferreira marquesLondon metal exchangeIvanhoe mines ltdInternational copper study groupFreeport mcmoran incDow jonesBloomberg opinionNew guineaMeanwhile ivanhoe minesDemocratic republicInternational copper studyBloomberg intelligenceGrant sporre

Copper demand to rise 3 3% in 2022 after a 4 9% jump this year -IWCC | Hellenic Shipping News Worldwide

Copper demand to rise 3.3% in 2022 after a 4.9% jump this year -IWCC Global demand for copper is seen rising 3.3% in 2022, leading to a mostly balanced market after an expected shortfall of half a million tonnes this year, the International Wrought Copper Council (IWCC) said. The IWCC, an industry body that represents copper fabricators, sees demand for refined copper in 2022 rising by 3.3% to 25.275 million tonnes while supply is expected to rise 5.4% to 25.25 million tonnes. The refined copper market is expected be in a deficit of 500,000 tonnes this year as demand is seen rising 4.9% to 24.458 million tonnes against expected supply of 23.95 million tonnes.

United statesUnited kingdomZandi shabalalaJason neelyInternational copper study groupInternational wrought copper councilNorth americaஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஜேசன் நீலீசர்வதேச தாமிரம் படிப்பு குழுசர்வதேச செய்யப்பட்டது தாமிரம் சபைவடக்கு அமெரிக்கா

Copper prices have soared to record highs, but is the market due to cool?

Copper prices have soared to record highs, but is the market due to cool?
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Goldman sachsInternational copper study groupShanghai metal marketகோல்ட்மேன் சாக்ஸ்சர்வதேச தாமிரம் படிப்பு குழுஷாங்காய் உலோகம் சந்தை