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CSI commodity equity index giant, Tokyo: The soaring copper prices can no longer be explained by fundamental factors.
Tok is always one of the most outspoken bulls in the market; due to the reduction in output of the smelter, the company still expects the market to tighten in the future.
The most optimistic bulls are starting to turn! Tok Group: the recent rise in metals is unreasonable.
Took Group warns that the recent rise in copper has deviated from the fundamentals! Citigroup continues to hold a bullish view...
Copper supply shortages have led to intense competition among traders, and miners are taking the opportunity to profit greatly.
Intense competition among some large commodity traders has created favorable conditions for negotiations for miners, from large prepayments to long-term contracts, in the copper trade.
Exchange inventories soar! Copper futures prices in London fall more than 2%, losing the $10,000 mark.
Since May 10, LME Copper has closed below the $10,000 mark for the first time. Shanghai copper fell by 1.34%, and the price of New York copper futures currently being traded fell by over 2.6%. Analysts say traders are weighing the impact of a significant increase in global inventories, as well as weak job vacancy data in the United States.
London Copper Dips Below $10K as Exchange Inventories Keep Climbing
Copper prices are once again under heavy catalysis! The monthly production of Chile, the world's largest supplier of copper, hit a new low in more than a year
Chile, the world's largest supplier of copper, recorded its lowest monthly copper production in over a year.
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