Domestic copper prices fell on Tuesday, following international market prices in early trade, amid concerns about a slowdown in manufacturing activity in key consumer country China. Additionally, a stronger dollar weighed on sentiment, with the dollar index hovering around 100 against a basket of six major currencies.The November copper contracts on the MCX were trading […]
Copper prices hit their highest level in 17 months on Monday as signs of easing trade tensions between the world’s two largest economies – China and the US – showed and hopes of stronger growth and demand boosted buying. Benchmark copper on the London Metal Exchange traded 0.4% higher at $11,011 per tonne in official […]
Base metal prices have witnessed a remarkable rally in recent weeks, with copper, aluminum and zinc leading the major global exchanges. Copper prices have surged past the psychological $10,000 mark on the London Metal Exchange (LME), while on India’s MCX platform they are near record highs. Similar bullish momentum is evident in China’s top consumer […]