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Posts related to ‘copper prices’

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More Chinese Capital Controls to Weigh on Copper Prices

Posted: May 24, 2013 at 9:00 am

Ever 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 ...
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After Gold, Now Goldman Sachs Kills Copper Price Target

Posted: April 22, 2013 at 3:33 pm

Copper 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, ...
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After the Fall: A Value Choice in Base Metals and Steel (RIO, VALE, BHP, X, NUE, STLD, MT, FCX, SCCO, AA)

Posted: May 29, 2012 at 12:59 pm

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 ...
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Copper Miners Looking at a Tough Year (FCX, RIO, SCCO, BHP)

Posted: April 19, 2012 at 9:54 am

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 ...
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Expected Upside Gains for Leading Metals Companies (X, NUE, STLD, NEM, ABX, SLW, FCX, SCCO, TIE, AA, MCP)

Posted: October 13, 2011 at 2:28 pm

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 ...
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Comex Raises Copper Margin Requirements — Gold & Silver Next? (CME, FCX, SCCO, NEM, ABX, SLW, JJC, GLD, GDX, GDXJ, SIL)

Posted: October 6, 2011 at 12:43 pm

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 ...
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Drop in Copper and Corn Prices May Be Overrated (FCX, SCCO, BHP, RIO, MON, ADM, BG, POT, MOS, VLO, PEIX, JJC, CU, CORN, MOO, DBA)

Posted: October 5, 2011 at 10:45 am

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 ...
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Copper’s Gain, Risk On (JJC, CU, COPX, FCX)

Posted: July 19, 2011 at 11:15 am

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 ...
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Commodities Watch: Copper Prices Rise on China, Fall on US Data (FCX, NEM, SCCO, BVN, CU, JJC, COPX)

Posted: July 8, 2011 at 12:40 pm

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, ...
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Commodities Watch: Copper Moves Up on Stategic Oil Release (JPM, GS, JJC, CU, COPX)

Posted: June 24, 2011 at 1:02 pm

Yesterday's announcement by the International Energy Agency that member nations, including the US, would release 60 million barrels of crude sliced 5% off the price of a barrel of WTI ...
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Commodities Focus as Nationalist Win in Peru Sends Chills to Miners (BHP, NEM, PAAS, TCK, ABX, GG, XSRAY, AAUKY, FCX)

Posted: June 6, 2011 at 1:34 pm

Ollanta Humala, a left-leaning nationalist, won nearly 51% of the vote in Sunday's presidential election in Peru and will take office in late July. Humala has promised to raise royalty ...
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Commodities Watch: The Coming End to QE2

Posted: June 3, 2011 at 1:26 pm

Today's commodities watch offers some thoughts about the coming end of the Federal Reserve's QE2 program and the effect that will have on commodity prices.  One could make a pretty ...
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Commodities Watch: Another Look at Copper; Corn, Wheat Turn Lower; Goldman Moves Commodities Up (GS, ABX, BHP, FCX, TCK, JJC, COPX, CORN, MOO, DBA)

Posted: May 24, 2011 at 3:12 pm

Today's commodities markets are being driven by a new report from Goldman Sachs Group Inc. (NYSE: GS) essentially reversing its 'sell' report of scarcely six weeks ago. Copper prices remain ...
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Commodities Watch: Copper Stockpiles Falling in China; Weather Concerns Push Up Corn Prices; Silver, Gold, and Sugar in Brief (FCX, BHP, ADM, VLO, CORN, SLV, GLD, SGG)

Posted: May 13, 2011 at 1:43 pm

Today's commodities news starts off with a drawdown on copper from bonded warehouses in Shanghai. There are also new doubts about the US corn crop, and we finish up with ...
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Commodities Watch: Silver Miner Misses Targets; Food Producer Also Misses, Raises Prices; Copper Prices Recovering (CDE, SIL, SLV, TSN, SFD, FCX, JJC)

Posted: May 9, 2011 at 2:31 pm

Today's commodities watch looks at a silver miner's and a food producer's quarterly earnings. And a quick look at how copper is coming back today. Silver and gold miner Coeur ...
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