SINGAPORE, July 7 Shanghai copper prices hit a
2020 high on Tuesday as hopes of an economic recovery in China
and supply fears underpinned sentiment, while the metal also hit
a five-month peak in London before shedding gains.
SINGAPORE, July 6 Copper and most other base
metals rose alongside equities markets on Monday, riding on
hopes of a pickup in pace of China's economic recovery and more
stimulus steps to support the global economy.
SINGAPORE/BEIJING A stunning V-shaped recovery in the price of copper is looking stretched as top consumer China enters its summer construction slowdown and fears of supply disruptions from the coronavirus have been mostly priced into the market.
SINGAPORE, July 2 Shanghai copper prices touched
a more than six-month peak on Thursday, supported by mounting
supply risks in top producer Chile and upbeat manufacturing data
in major economies.
SINGAPORE, July 1 Shanghai copper prices on
Wednesday rose to their highest in more than five months as
traders pinned hopes on potential rate cuts in China, while
better-than-expected manufacturing numbers in the top consumer
also boosted the sentiment.
SINGAPORE, June 24 Copper prices advanced on
Wednesday in thin volume as rising coronavirus cases among the
workforce in the top producing region of South America
highlighted supply risks.
SINGAPORE, June 8 London copper prices dropped
on Monday after data showed exports from top consumer China had
weakened last month, though markets expect prices of the red
metal to rebound amid stimulus measures and prospects of a swift
global economic recovery.
SINGAPORE, June 2 Shanghai copper prices rose to
their highest in nearly three months on Tuesday, as demand in
top metals consumer China continued to recover, though gains
were capped by investor worries over a deepening U.S.-China
SINGAPORE, June 1 Copper prices rose on Monday
on solid manufacturing data from China and a
milder-than-expected response by the U.S. President Donald Trump
on China's security legislation for Hong Kong.
* Primary aluminium imports could top 100,000 T in May