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Copper lower on concerns about China

Copper prices lost ground Tuesday on fears of a demand slowdown from China, the world’s largest consumer of the red metal. According to Jesper Donnesboe, senior raw materials strategist quoted by Bloomberg, copper prices were expected to go up due to

Copper hit by China demand concerns

The flash reading for China compiled by HSBC and Markit fell to a six month low of 49.6 in January versus 50.5 in December, fueling worries about demand in the world’s top metals consumer. Consequently, copper fell to its lowest

Copper outlook 2014

Despite the Federal Reserve’s decision last week to start ending its massive bond-buying stimulus, a major support for commodity prices for years, copper has held up quite well amid signs that the U.S. economy is on stronger footing. Copper stole

US, China and EU data drive copper to lowest in 3 months

Copper fell 2.3% on Wednesdays to $3.1595 a pound on the Comex division of the New York Mercantile Exchange, the lowest price since July 31. So far this year, the price declined 12 percent. Copper futures fell to a three-month

Copper weakens as China plans capacity reduction

At the end of June, it seemed that bottom was falling out of copper prices. Since then it gained a few percents, but last Thursday on the London Metal Exchange, copper for delivery in three months fell 2.2 percent to

Bottom Is Falling Out of Copper Prices

Copper‘s world is coming apart. The price has fallen 16% so far this year and is 34% below February 2011 all-time closing high. This isn’t just a case of slowing economic growth. The global forces propelling the metals stunning rise

Copper: Forecast to September 2013

Copper is currently on the rebound, on the back of its third bearish cycle from February to April. Shanghai Cifco Futures Co. expects prices to climb until the end of June before pulling back to $6,037.50 per tonne by September.

Copper: biggest weekly drop since 2011

After a decade during which large copper companies have struggled to follow a demand driven by Chinese consumption, new projects are finally coming to life. Unfortunately, this increase in supply meets a slowdown in demand. Benchmark three-month copper was down more

Fear of copper supply disruptions to come

Copper prices have fallen since February amid expectations of a supply glut, but buyers say they are starting to pay hefty fees to get metal when they need it—on top of the actual price of copper—because so much is being

Copper Settles at Seven-Week High

Copper prices shot to their highest settlement in seven weeks as a batch of better-than-expected economic data from China had traders betting the world’s top industrial-metal consumer was turning the corner. The news was enough to push up copper and