by dellons | May 28, 2020 | Business News
Aluminium prices touched two-month highs overnight as hopes for stronger demand in top consumer China buoyed sentiment, but an oversupplied global market and large surpluses are expected to cap gains. Benchmark aluminium on the London Metal Exchange (LME) was up 0.8...
by dellons | May 20, 2020 | Business News
Copper prices hit a two-month high overnight ahead of a Chinese government meeting this week expected to boost demand with pledges of higher spending on infrastructure, and on hopes for a global economic recovery. The Chinese government typically announces new plans...
by dellons | May 10, 2020 | Business News
Shanghai copper rose to a three-week high and clocked a second straight weekly gain, buoyed by strong import numbers in China and signs that the Sino-US trade deal would be implemented despite the coronavirus disruption. Copper gained 1.2 per cent in Shanghai over the...
by dellons | May 5, 2020 | Business News
Australia’s construction sector has recorded a dismal April with a slump in activity, new orders and employment dragging a key industry index to its lowest level since 2005. The Australian Industry Group and Housing Industry Association’s Performance of...
by dellons | Apr 29, 2020 | Business News
Copper prices climbed to a six-week high as the prospect of stronger demand in top consumer China and output disruptions outweighed expectations of rising supplies from producers emerging from new coronavirus lockdowns. Traders said copper rose on some purchases in...
