copper prices
copper prices Articles
ThinkstockEver since the Chinese government began — or at least threatened to begin — imposing restrictions on new bank lending, the country’s businesses have had to get creative in order to...
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ThinkstockCopper is one of the metals that really matters at the street level of the global economy. The price of gold is much more exciting about the price of copper, but copper is used in just...
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ThinkstockIn mid-December, the U.S. Securities and Exchange Commission approved a proposal by J.P. Morgan Chase & Co. (NYSE: JPM) to create an exchange traded fund backed by physical copper....
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The world’s largest base metals market is moving to the Far East. The 135-year-old London Metals Exchange (LME) has agreed to be acquired by Hong Kong Exchange & Clearing (HKEx) for $2.2...
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The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth in Chinese GDP...
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What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying...
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From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning of the year....
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In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor Corp. (NYSE: NUE),...
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Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We have...
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In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an...
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Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are often seen as leading...
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Today’s surprise report on the increase in housing starts has put some added energy into copper futures, which have been holding more or less steady this month following a rise of about 2% late in...
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Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world’s top consumer of copper, gets credit...
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Even though the US Federal Reserve downplays the contribution of commodity prices in the US core inflation rate, that doesn’t mean that everyone agrees. In fact, most of us who pay more for a...
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