Trends - LME copper - Business Recorder

Markets

Copper creeps higher on hopes for more China stimulus

LONDON: Copper prices drifted higher on Wednesday, still basking in the glow of stimulus measures unleashed by top...

Published 02 Oct, 2024 05:13pm

Markets

Copper and aluminium rebound in thin Chinese holiday trade

LONDON: Prices of copper and aluminium rose on Tuesday as economic stimulus measures by top metals consumer China...

Published 01 Oct, 2024 04:39pm

Markets

China stimulus sets copper on track for biggest monthly gain since April

LONDON: Copper prices in London were on track for their biggest monthly gain since April on Monday as a series of...

Published 30 Sep, 2024 05:05pm

Markets

Copper strides to 11-week peak after China unveils fiscal stimulus

LONDON: Copper prices rose to their strongest in 11 weeks on Thursday, propelled by hopes of firmer metals demand...

Published 26 Sep, 2024 04:59pm

Markets

Copper retreats after touching 10-week high

LONDON: Copper prices pulled back from 10-week highs on Wednesday on a stronger dollar and some profit-taking which...

Published 25 Sep, 2024 04:48pm

Markets

Copper edges up on softer US dollar ahead of expected Fed rate cut

Copper prices in London edged up on Tuesday, driven by a softer U.S. dollar and expectations of an interest rate...

Published 17 Sep, 2024 10:32am

Markets

Copper hits two-week high on weak dollar and China stimulus hopes

LONDON: Copper prices hit a two-week high on Friday and were on track for the strongest week in a month on a weaker...

Published 13 Sep, 2024 05:10pm

Markets

Copper jumps nearly 2% on signs of firmer Chinese demand

LONDON: Copper prices jumped to their highest in nearly two weeks on Thursday on signs of firmer demand in top...

Published 12 Sep, 2024 05:05pm

Markets

Copper rises to over 1-week high on demand rebound in China

Copper prices hit their highest in more than a week on Thursday as the Chinese ramped up purchases ahead of a long...

Published 12 Sep, 2024 01:07pm

Markets

Copper prices buoyed by US rate cut expectation, softer dollar

LONDON: Copper prices firmed on Wednesday as investors factored in expectations of the first interest rate cut from...

Published 11 Sep, 2024 06:27pm

Markets

China Aug copper imports fall to 16-month low

BEIJING: China’s imports of unwrought copper slid in August to a 16-month low, customs data showed on Tuesday, as...

Published 10 Sep, 2024 10:43am

Markets

LME copper slips as weak China imports data fans demand worries

London copper prices fell on Tuesday as weak imports data from top consumer China reinforced concerns about demand...

Published 10 Sep, 2024 10:34am

Markets

Copper bounces as market looks ahead to US inflation data

LONDON: Copper prices bounced on Monday as hopes for stimulus in top consumer China and sliding stocks in Shanghai...

Published 09 Sep, 2024 04:32pm

Markets

Copper heads for second weekly fall on global growth concerns

LONDON: Copper prices were on track for a second consecutive weekly fall on Friday as concerns about global economic...

Published 06 Sep, 2024 04:58pm

Markets

Copper firms on China’s new power initiatives in Africa

Copper prices firmed up on Thursday after China announced major investments in building power networks in Africa,...

Published 05 Sep, 2024 04:57pm

Markets

LME official prices

LONDON: The following were Tuesday official prices. ========================================= ALUMINIUM...

Published 05 Sep, 2024 06:19am

Markets

Copper claws higher on China hopes, set for monthly gain

LONDON: Copper prices gained on Friday on optimism about more government support for the economy of top metals...

Published 30 Aug, 2024 04:44pm

Markets

Chinese demand worries trigger funds sell-off in metals

LONDON: A month-long rally in metals paused on Wednesday as concerns over demand from top consumer China and a...

Published 28 Aug, 2024 06:07pm

Markets

Copper powers to almost six-week high on US rate cut hopes

LONDON: Copper prices rose to their highest in nearly six weeks on Tuesday, with buying triggered by expectations of...

Published 27 Aug, 2024 04:29pm

Markets

China demand hopes, lower dollar lift copper prices

LONDON: Copper prices scaled 2-1/2 week highs on Monday with buying spurred by signs of improving demand in top...

Published 19 Aug, 2024 04:48pm

Markets

Supply risks set copper on track for first weekly gain in six

LONDON: Copper prices were heading for the first weekly gain in six weeks in London on Friday supported by worries...

Published 16 Aug, 2024 05:05pm

Markets

Copper gains on hopes for US rate cuts, Escondida strike

LONDON: Copper prices climbed on Wednesday on optimism about the potential for U.S. interest rate cuts and after a...

Published 14 Aug, 2024 03:31pm

Markets

Copper retreats on rising inventories, sluggish demand

LONDON: Copper prices pulled back on Tuesday after three sessions of gains, burdened by surging inventories and...

Published 13 Aug, 2024 04:47pm

Markets

Copper rallies ahead of Chinese and US data

LONDON: Copper rose alongside equities on Monday as traders bought back short positions on the expectation of...

Published 12 Aug, 2024 06:05pm

Markets

Copper rallies as US growth fears ease and Chinese stocks slide

LONDON: Copper prices bounced on Friday after U.S. jobs data eased fears of a growth slowdown in the United States...

Published 09 Aug, 2024 04:43pm

Markets

Copper steadies on raw material shortage and interest rate hopes

LONDON: Copper prices steadied on Thursday on expectations of improved copper consumption in China and a larger than...

Published 08 Aug, 2024 04:44pm

Markets

Copper slumps on jump in inventories, weak Chinese data

LONDON: Copper prices resumed their downtrend on Wednesday after data from leading metals consumer China showed weak...

Published 07 Aug, 2024 04:55pm

Markets

Most base metals fall as US recession jitters dampen sentiment

Prices of most industrial metals dropped on Tuesday, weighed down by bleak demand outlook following U.S. data that...

Published 06 Aug, 2024 10:45am

Markets

London copper climbs on China data, Fed rate-cut prospects

BEIJING: Prices of copper and other metals in London kicked off the week higher on Monday, following data showing...

Published 05 Aug, 2024 10:57am

Markets

Copper bounces on potential US rate cuts

LONDON: Copper prices edged higher on Friday, supported by growing expectations of U.S. interest rate cuts and...

Published 02 Aug, 2024 04:29pm