Maike is one of China’s largest copper importers, trading more than 1 million tonnes per year of copper at its peak.It is also the only private enterprise that has agreed to join the action so far.Fa...
Codelco El Teniente smelter in Chile. (Credit: Consejo Minero)Copper prices fell on Tuesday despite worries about shortages.Copper for delivery in December was down 0.6% on the Comex market in New Yor...
Following an emergency meeting at the end of October, every Chinese copper smelter with brands eligible for London Metal Exchange delivery has agreed make their own proposals for exporting cathodes to...
Copper billets in the warehouse of the Aurubis AG headquarters Photographer: Thomas Trutschel/Getty Images , Photographer: Thomas Trutschel/Getty Images(Bloomberg) — Short-term copper contracts are o...
Picture: BLOOMBERG/WALDO SWIEGERSA slowdown in China’s manufacturing sector is casting an ever larger shadow over the copper market.The country’s official purchasing managers index (PMI) was 49.2 in...
Three-month copper on the London Metal Exchange had gained 1.5% to $9 633.50 a tonne by 10:00 GMT, having lost about 8% since October 18."We've had a very deep correction from the run-up in O...
Port Rizhao, China. Stock Image.The copper price rose on Monday as worries about demand in top consumer China were offset by strong export growth data from the country.Copper for delivery in December ...
Copper price continues to trend lower, testing trendline support ant 50-day moving averageGlobal stockpiles of copper remain low, potentially making outright short positions more riskyChina’s economi...
Nov 4 (Reuters) – London copper prices advanced on Thursday after the U.S. Federal Reserve signalled no immediate hike in interest rates to sustain a recovery in economic growth and employment.Three-...
There's a storm comingFreeport is down 2.5% today after earnings but the mining giant has some interesting comments on the earnings call with the CEO saying "there's going to be a time wh...