Copper Market
2012-02-17 -
Copper on a high
With prices increases of 11 % copper was the rising star on the finance and commodity market in January. Falling LME stocks, lasting production problems and a lively demand on the spot markets of physical cathodes suggest further stable prices and an increasingly tensed supply situation starting with the second quarter year. Real economy is often better than expected and the United States show vigorous signs of life. At the same time we anticipate a solid growth in China and a recovery in Europe. All in all it doesn’t seem to be a bad environment for copper and its price which is still the best economic indicator for us.However, [...]
2011-10-24 -
Copper today - Greek tragedy
The debt crisis which is continuing to escalate in Europe is leaving ever deeper marks in the real economy. The growth prospects for the European area have been revised downwards noticeably and in some places the threat of recession is already being discussed. As a consequence, shares and the raw materials market have been under massive selling pressure since the start of August. Copper could not escape this downward trend, although strikes in Indonesia and Chile again brought attention to the fragile supply situation and in the last few months China has imported much more than in the 1st half of 2011. It is thus the demand side that is [...]
Official German electrolytic copper listing
| Year 2012 | upper DEL [EUR] | Reuter FX1 EUR/USD |
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