LONDON, Dec 4 (Reuters) - Commodity trader Mercuria has given notice of its plans to take significant amounts of copper from London Metal Exchange warehouses in Asia, four sources familiar with the ...
Data centres and green grids are heavy users of the red metal, but mine supply is stagnating and new discoveries are rare. Resolution Copper Mine. Demand for copper is being boosted by the ...
The price of the metal, which is used in industry, electronics, electrification, and construction, is often viewed as a gauge of economic health. On the supply side, several accidents at mines in ...
SHANGHAI: Shanghai copper hit a record high on Thursday, boosted by a spike in cancellation of the metal in warehouses registered with the London Metal Exchange, along with increasing bets of a ...
Copper traded not far from its record high of earlier this week as global supply concerns underpinned investor appetite for the metal that’s critical to the green transition. Prices dipped after ...
(Bloomberg) --Copper advanced to a record high in London on fears the global market is heading for a supply crunch. The metal rose as much as 1.3% to $11,334 a ton on the London Metal Exchange before ...
Copper surged to a new record on Wednesday on hopes of a U.S.-China deal, with three-month futures on London markets exceeding $11,140 per ton. The 25% year-to-date rally so far has been the best ...
Copper hit a record $11,140 per ton on renewed optimism for a U.S.-China trade deal and persistent supply shortages. Production challenges at Codelco and expansion by China’s CMOC Group highlight ...
Copper prices hit a new record high on the London Metal Exchange, driven by a combination of supply disruptions from mine accidents and a more optimistic global economic outlook. Threats of tariffs ...
Copper prices edged closer to record highs this week, driven by renewed optimism over an impending trade accord between the US and China and concerns about tightening global supply as major producers ...
London Metal Exchange CEO Matt Chamberlain tells CNBC that there is a medium term demand driver for copper, but that most of the recent price action has been driven by the supply side. Former Vice ...
Copper rose to a fresh 16-month high in London as a downgrade to production forecasts at a key Teck Resources Ltd. mine added to this year’s heavy slate of supply disruptions. Prices rose as much as 0 ...