Copper price down as demand uncertainty offsets supply woes
Chinese President Xi Jinping reiterated the country's covid-19 stance during his speech at the Communist Party Congress on Sunday.
MINING.COM Staff Writer
Posts by MINING.COM Staff Writer:
Iron ore price down as China limits steel output
Steel mills in top producing province of Hebei have been ordered to limit output, in a bid to ensure blue skies for the Communist Party Congress.
Copper price down on US jobs report
The Labor Department report showed employers added a larger-than-expected jobs, raising fears of big rate hike next month.
Copper price down on rate hike fears
Also undermining copper was news of a possible labor deal in a mandatory mediation process to avoid a strike at Los Pelambres.
Brazilian iron ore exports hit highest monthly volume in two years
Iron ore exports increased 8.7% in September compared to the same month last year.
Copper price jumps after weak US manufacturing data
The Institute for Supply Management’s gauge of US factory activity dropped to the lowest in more than two years in September.
Silver price hits six-week high on safe-haven buying
Prices surged almost 9% on Monday.
Copper price pressured by crumbling demand
"It's clear we will have lower demand and potentially lower prices into the latter part of this year," says Bank of America.
Copper price falls to lowest in 2 months on rising interest rates
"Now copper has broken below $7,475 a tonne, traders will be eyeing the $6,955 20-month low touched on July 15," said Saxo Bank head of commodity strategy Ole Hansen.
Copper price rebounds on weaker dollar
The dollar index dropped after Japan intervened in the currency market to shore up the battered yen for the first time since 1998.
Food security is national security: Potash gets ready for a closeup
The Department of the Interior released a draft 2025 list of 54 minerals critical to the US economy, including potash.
