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23 May 2023
Copper hits a seven-month low of $3.61/lb on deteriorating demand outlook
Copper slumped the most in seven months as weaker-than-expected macroeconomic data in China, Europe, and the USA, fears of a global recession, U.S. default risk, and the...
21 Feb 2023
Copper extends gains to $4,20/lb on supply disruptions and China’s reopening
The industrial metal has been in an upward momentum in recent weeks, outpacing metal markets amid supply disruptions in Panama coupled with optimism over a potential...
12 Jan 2023
Copper rallies to $4.15 amid China reopening and tight supplies
China’s reopening optimism, the hopes for an economic rebound in China together with tight copper supplies, and low global inventories have been driving up the price of the red metal recently,...