by Brian Schad | Aug 30, 2016 | Copper Futures, Industrial Metals
Copper futures are once again lower and have erased all its gains for the year as Goldman Sachs is predicting a “supply storm” to hit the markets and erode copper prices even more. Copper futures are down another 15 points today ending the day trading at $2.0775 per...
by Brian Schad | Aug 9, 2016 | Copper Futures, Industrial Metals
Copper futures continue to falter as lack of movement in China’s copper inventories tell of a market with slack demand. Copper futures are down 130 points today currently trading at $2.1520 per pound for September delivery at the Commodity Exchange in New York City....
by Brian Schad | Oct 15, 2015 | Copper Futures, Industrial Metals
Copper futures have extended yesterday’s rally as hopes build for Chinese policy-makers to introduce further stimulus measures following a number of disappointing economic reports recently. Copper futures are up 70 points today, currently trading at $2.4225 per pound...
by Brian Schad | Jul 23, 2015 | Copper Futures, Industrial Metals
Copper futures are said to be spiraling lower not only because demand has been hampered for the raw material, but now there’s confirmation of that by the lack of requests to withdraw copper from the London Metal Exchange warehouses – the lowest since March,...
by Brian Schad | Jul 1, 2015 | Copper Futures, Industrial Metals
Copper futures have been back-and-forth in prices this week with the Greek debt issue and the nation’s potential departure from the Euro-community fresh on traders minds. Copper futures settled today at $2.6295 per pound, up $0.0120 for the day at New York’s Commodity...
by Brian Schad | Jun 11, 2015 | Copper Futures, Industrial Metals
Copper futures reacted to Chinese economic market data by selling-off after mostly in-line with market expectations after reaching a two-week high only yesterday. Copper futures settled down just over .70 cents today at $2.673 per pound at New York’s Commodity...
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