by dellons | Jun 29, 2020 | Business News
Supply disruption in top producer Chile, solid demand in top consumer China and dwindling stockpiles kept copper prices near five-month highs on Monday. Benchmark copper on the London Metal Exchange (LME) was up 0.1 per cent at $US5,963 a tonne at 1615 GMT, close to...
by dellons | Jun 28, 2020 | Business News
Copper prices touched a five-month peak on Friday on growing fears that output will be disrupted in top producer Chile by worsening COVID-19 infections at mines. Chile’s Codelco, the world’s biggest copper miner, suspended refinery and foundry operations...
by dellons | Jun 25, 2020 | Business News
Copper prices pushed higher overnight, bucking the shift to safe-haven assets in other financial markets, as a surge in coronavirus cases fuelled worries about mine shutdowns and shortages. Unionised mine workers in Chile demanded an investigation into the death of a...
by dellons | Jun 24, 2020 | Business News
Copper eased overnight as new coronavirus cases raised fears over a global economic recovery, offsetting upbeat data and potential supply disruptions in Chile. Three-month copper on the London Metal Exchange (LME) was down 0.5 per cent at $US5,878 a tonne by 1620 GMT...
by dellons | Jun 23, 2020 | Business News
Copper prices rose overnight after US President Donald Trump said a trade deal with China was “fully intact” and stronger-than-expected European and US data bolstered hopes of a rapid economic recovery. Benchmark copper on the London Metal Exchange was up...
