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LONDON: Copper prices bounced on Thursday, breaking a string of three sessions of losses, as buoyant U.S. data fuelled hopes of rising demand amid thin inventories
LONDON: New year but same old problems for Doctor Copper. The copper market remains decidedly out of favour among the investment community with fund positioning extremely light by historical standards.
OVER the past decade, 43 million tonnes of copper have been mined but never processed.
LONDON: Copper fell from a two-week high on Wednesday on worries over demand as inventories continued to increase and premiums for the red metal into top consumer China fell.
LONDON: Copper prices rose on Monday as global stock markets hit record highs and the dollar fell, with many analysts and traders expecting the metal to rally to new 10-year highs
NEW YORK: Iron ore futures surged more than 10% and copper jumped to a record amid increasing bets they’ll be among the biggest winners from a commodities boom that’s stoking concerns about inflation around the world.
WILL Covid-19 kick-start a new commodities supercycle? Goldman Sachs thinks so.