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Nearby COMEX copper futures in late July rose to a new record high of $5.8950 a pound. Last week the bottom fell out of the ...
U.S. copper prices surged due to fears of a 50% tariff on imported copper, but a surprise exemption for raw copper materials ...
Since June, aluminum metal shipped to the US, where smelters face higher electricity bills than copper producers, has ...
Aurubis on Tuesday reported higher-than-expected core profit for the first nine months of its 2024-2025 financial year, ...
"Supporting the price currently may also be the news from Chile. After an earthquake, production at one of the country's ...
This sudden policy change was a brutal shock to traders. For weeks, market speculation about a broad, all-encompassing tariff had fueled a rally, sending COMEX copper futures to record highs. Traders, ...
Base Case $4.30/lb copper, Post-Tax NPV (7%) $694 million and 14.6% IRR with payback at 6.7 yearsAdvancing Clear Path to Near ...
Three-month copper on the London Metal Exchange added 0.7% to $9,695 a metric ton by 1415 GMT, building on Friday’s modest ...
PROFIT FORECAST: Analysts expect Glencore to swing to a net profit of $337.3 million, according to the same consensus. This compares with a loss of $233 million a year prior when it booked around $1 ...
All prices are calculated based on the settlement price of the current front month contract.
The latest data released by the Shanghai Futures Exchange (SHFE) indicated that SHFE copper inventories continued to decline in the week ending August 1, with weekly inventories decreasing by 1.2% to ...
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Copper pulls near $4.40 per pound
COMEX Copper futures turned lower today as selling resumed after a stable session on Monday. The red metal pulled back towards a four-month low and currently trades at $4.40 per ...