FURTHER FALLS IN COPPER IN THE NEAR TERM CANNOT BE PRECLUDED
Copper

FURTHER FALLS IN COPPER IN THE NEAR TERM CANNOT BE PRECLUDED

*Copper inventories in China fell last week for the first time in months *LME cash copper’s discount to the three-month contract fell to $4.75 a ton Copper was trending l ....

SHUTTING DOWN MILLS AND TRANSPORTATION IN CHINA IT'S GOING TO HURT COPPER
Copper

SHUTTING DOWN MILLS AND TRANSPORTATION IN CHINA IT'S GOING TO HURT COPPER

*A sharp rise in copper stocks has also weighed on prices this week *Stocks in LME-approved warehouses have climbed more than 50% last week to 190,075 ton The metal that’ ....

COPPER PRICES IN 2020 ARE EXPECTED TO SUFFER
Copper

COPPER PRICES IN 2020 ARE EXPECTED TO SUFFER

*Copper prices to average $5,700 a ton in 2020 down from $6,000 in 2019: Fitch *Auto sales in China the world’s biggest copper consumer, fell for a 17th straight month in Nov ....

COPPER HAS UNDERGONE THE MOST FRUSTRATING 2019 OUT OF ALL BASE METALS
Copper

COPPER HAS UNDERGONE THE MOST FRUSTRATING 2019 OUT OF ALL BASE METALS

*Hedge funds and money managers raised their net short positions in COMEX *The discount of LME cash copper to the three-month contract was at $35 If we enter a recession, t ....

THREE CONDITIONS NEEDED TO BE MET FOR A RALLY IN COPPER
Copper

THREE CONDITIONS NEEDED TO BE MET FOR A RALLY IN COPPER

8Scrap market discounts have increased on the back of slack demand and plentiful supply in China *Global average PMIs would justify prices 30% below current levels at $4,400 ....