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METALS-Copper hits record high on higher demand hopes, tighter supply - Vimarsana News

METALS-Copper hits record high on higher demand hopes, tighter supply

(Updates prices) HANOI, May 10 (Reuters) - Copper prices touched record highs in both London and Shanghai markets on Monday on hopes for improved demand amid tightening supply. Three-month copper on the London Metal Exchange rose to an all-time high of $10,747.50 a tonne earlier in the session before easing to $10,694 a tonne, still up 2.7%, at 0711 GMT. The most-traded June copper contract on the Shanghai Futures Exchange closed up 4.8% to 77,720 yuan ($12,094.62) a tonne, after scaling a peak of 78,270 yuan earlier. Sentiment has been boosted following record high LME prices since 2011 hit ...

London copper dips but set for weekly gain - Vimarsana News

London copper dips but set for weekly gain

Article content HANOI — London copper fell on Friday amid weaker-than-expected growth in top consumer China, but prices were on track for a weekly gain after some banks raised their outlook on the metal. Three-month copper on the London Metal Exchange fell 0.1% to $9,278 a tonne by 0544 GMT, still up 3.9% for the week. We apologize, but this video has failed to load. Try refreshing your browser, or London copper dips but set for weekly gain Back to video The most-traded June copper contract on the Shanghai Futures Exchange advanced 2.2% to 68,880 yuan ($10,551.47) a tonne, tracking overni...

METALS-Copper near 1-month low on sombre China survey, Codelco wage deal - Vimarsana News

METALS-Copper near 1-month low on sombre China survey, Codelco wage deal

(Updates prices) HANOI, April 1 (Reuters) - London copper prices fell on Thursday to their lowest in nearly a month, hit by a survey showing subdued factory activity growth in top consumer China last month, and as a supply threat in Chile was averted after top producer Codelco struck a wage deal. Three-month copper on the London Metal Exchange fell 0.9% to $8,710 a tonne by 0725 GMT, having dropped to $8,695 a tonne, its lowest since March 5, earlier in the session. The most-traded May copper contract on the Shanghai Futures Exchange closed down 0.8% at 65,090 yuan ($9,906.40) a tonne. Chinaâ...

London copper dips as U.S. stimulus fails to lift prices - Vimarsana News

London copper dips as U.S. stimulus fails to lift prices

HANOI — London copper prices fell on Monday, despite progresses made on a long-awaited U.S. stimulus bill, as investors stayed on the sidelines after a strong…