Copper Prices

Global copper market to have a surplus of 155,000 tonnes in 2023, says ICSG

Three-month copper on the London Metal Exchange was trading around $7,363 a tonne on Wednesday having declined more than 30% on growing recession fears since scaling a record peak of $10,845 in March

Copper prices weaken on worries over China and global slowdown

Copper has given up 30% since touching a record peak in March but has largely held in a range between $7,200 and $8,000 since the end of August

Hindalco, Nalco jump over 2% as aluminium, copper prices rise on LME

The BSE Metal index was the top performer, up 1.4 per cent; Major metal and mining related shares gained 1-2 per cent each in intra-day trades on Friday.

Aluminium, copper prices climb on worries about supply amid stoppages

Benchmark aluminium on the London Metal Exchange was up 1.6% to $2,271 a tonne, while copper was 2.5% higher at $7,811 by 1600 GMT

Copper prices slide after Fed's growth warning triggers sell-off

Benchmark copper on the London Metal Exchange (LME) was down 3.5% at $7,875 a tonne by 1603 GMT, having touched its lowest since Aug. 8 at $7,846.

Copper hits five-week high after US data undershoots, dollar slides

Three month copper on the London Metal Exchange gained 1.3% to $8,089 a tonne by 1630 GMT, the highest since July 1, after earlier easing to $7,889

Copper rises from multi-month lows as upbeat sentiment lifts base metal

A weaker U.S. dollar in recent days has also helped metals, which are priced in the greenback, by making them cheaper for buyers with other currencies.

Copper prices slide to 20-month low on economic slowdown fears

Rising US interest rates have pushed the dollar to its strongest in two decades, making dollar-priced metals costlier for non-US buyers and potentially dampening demand

Global demand fears, Covid in China, soaring dollar slam copper prices

Benchmark copper on the London Metal Exchange (LME) was down 3% at $7,573 a tonne at 1601 GMT.

Copper prices hit 17-month low over China restrictions, says report

Benchmark copper on the London Metal Exchange (LME) was down 0.8% at $7,982 a tonne at 1602 GMT

Global stocks, oil and copper fall as investors expect Fed rate hike

Fed is expected to deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September

Aluminium prices hit near 6-month low on China lockdowns, growth fears

Three-month aluminium on the London Metal Exchange (LME) slid 2.8% to $2,685 a tonne by 1400 GMT after touching the lowest since December last year

Domestic Copper prices may drop to Rs 720-725 per kg in FY23: Crisil

The price of copper wire bars averaged Rs 738 per kg (ex-factory) in FY22, a 42 per cent rise year-on-year, with rates breaching Rs 800 per kg in March before retreating to Rs 790 per kg

Copper price rebounds as global energy crisis keeps roiling the market

Power shortages are forcing output cuts from China to Europe

London copper set for best week since 2016 as prices surpass $10,000/tonne

Asian shares advanced warmed by the embers of a strong day on Wall Street, which supported risk-friendly currencies and hurt the safe-haven yen.

Trading strategies for copper and natural gas by Tradebulls Securities

There are no reversal patterns on chart and support comes around 268 for natural gas

MSME body seeks intervention of PM on rising raw material prices

This is in connection to rising prices of raw materials such as steel, iron ore, aluminum, copper, plastics and paper.

Iron ore halts two-day gain as steel slides, BHP mine to open; copper sinks

Copper sinks as inflation fears eclipse South American political risk

Iron ore turns 'very hot' as 10% surge adds to commodities boom

Copper remains a favorite long wager in the commodities complex

Hindustan Copper scales over 8-year high, surges 25% in 3 days

With the past three days' rally, the market price of HCL appreciated by 58 per cent over its QIP issue price of Rs 119.60 per share