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COPPER PRICES POST STEEP WEEKLY LOSS ON STRONGER GREENBACK

  NEGOTIATOR’S TAKE: Falling Copper costs means opportunities to negotiate lower prices for electric motors, wiring, and plumbing components.   05.13.16 – Copper loses 3.7% of its value COMEX Copper futures ended Friday’s session nearly unchanged at $2.074 per lb.,

COPPER PRICES TO SLIDE TO NEAR 7-YEAR LOW

  NEGOTIATOR’S TAKE: Industrial metals keep falling; so should the prices you pay for metal components…opportunities abound!   01.07.16 – Concern over industrial metals Copper prices tumbled on Thursday – hitting their lowest in nearly seven years – as plunging

COPPER AT LOWEST SINCE FINANCIAL CRISIS

NEGOTIATOR’S TAKE: Industrial metals are at 6-year lows – a great time to approach suppliers to lower prices. Copper futures dipped below $5,000 a metric ton Tuesday (August 18, 2015) for the first time since the financial crisis, dropping under

Copper’s price plunge and hits lowest in 5-1/2 years

Copper for delivery in three months dropped 5.3 percent Wednesday to settle at $5,548 a metric ton ($2.52 a pound) on the London Metal Exchange, after dropping as much as 8.6 percent, the biggest intraday loss since October 2008. It

Copper at a 2-week high in New York

Copper futures for December delivery rose 0.4 percent to settle at $3.237 a pound at 1:18 p.m. on the Comex in New York, after touching $3.246, the highest for a most-active contract since Aug. 11. Copper rose to a two-week

Indonesia metal-ore ban: copper exports to resume in August

Indonesia introduced in January its controversial ban on exports of unprocessed minerals and ore. Under a revision of the tax, Freeport will pay a 7.5 percent duty on its copper concentrate exports, but that rate falls as it spends on

Copper drops after last week 19-week high

Copper fell in London as stockpiles expanded the most since March and some investors viewed last week’s rally as excessive. The LME’s three-month copper contract on Monday was down 0.4 per cent at $7,125 a metric ton. Last week, copper

Copper longest rally since 2005

On the London Metal Exchange, copper for delivery in three months rose 0.4 percent to $6,915 a metric ton ($3.14 a pound). Copper futures for delivery in September gained 0.7 percent to settle at $3.166 a pound at 1:14 p.m.

China weighs on copper futures

Copper lost 2.2% to $6,615.50 per ton, in its worst week in over a month and a half, hit by fears of a slowdown in demand by China. The Asian nation is the world’s largest copper consumer, accounting for almost

Copper prices plummet, dragged down by China

Copper prices have fallen sharply last week on the London Metal Exchange, falling to their lowest level in more than three and a half years with investors worried about the current state of the Chinese economy. Fears that have weighed more