February 25, 2021

China says Biden bid to shift US supply chains unrealistic

Chinese Foreign Ministry spokesman Zhao Lijian said the measures “will not help solve domestic problems” and only harm global trade.

February 25, 2021

How high can copper price fly? this metals trader expects $12,000

Current prices would seem “far too low” if governments fulfill pledges for green infrastructure and electric-vehicle incentives, Concord Resources said.

February 25, 2021

Chinese broker Shanghai Dalu holds top long position in INE copper

The brokerage’s large bullish bets have startled some traders as prices for copper, widely used in power and construction, hit 9-1/2-year highs.

February 23, 2021

Copper supply expected to move into deficit in 2021, says StoneX

Natalie Scott-Gray, a senior metals analyst at StoneX, forecasts copper demand in 2021 will rise by about 5% year-on-year.

February 23, 2021

Copper price keeps soaring amid commodities rally

Codelco warns that the spike in prices could drive up its costs.

February 22, 2021

Iron ore output returns to growth after shrinking for five years – report

Global iron ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since 2015, Fitch says.

February 22, 2021

Iron ore price bounces back on strong demand and shipment doubts

High rain volumes at major ports will continue to represent a challenge for Brazilian players during 1Q.

February 22, 2021

A new commodities supercycle could be powering up after a long freeze

JPMorgan analyst thinks commodities have finally turned after a 12-year down cycle.

February 22, 2021

Copper price soars past $9,000 in record run

The industrial metal is closing in on an all-time high set in 2011.

February 22, 2021

Elon Musk should come clean: Tesla’s emissions are rising

A company that thrives on the power of the sun shouldn’t hide the footprint of its own operations in shadow.