Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
SMM Morning Review - 2010/1/22 Copper Market
Jan 22,2010 10:27
CSTsmm insight
Source:SMM
SHANGHAI, Jan. 22 (SMM) -- The US president Obama proposed rules to curb risks in financial system, depressing the risk appetite. The plunging US stock market weighed down on LME copper prices as well, with prices ending at USD 7,265/mt, fluctuating between the 20 and 30-day moving average, down USD 110/mt. The round of weak price performance greatly depressed market confidence, and whether or not copper prices will regain an upward momentum depends mainly on the recovery of market sentiment.
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
copper Cu
copper price
LME market
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Morgan Stanley: Fundamentals Not Good Enough to Keep Copper Price above $6,600
Morgan Stanley reckons fundamentals are not good enough to leave copper prices above $6,600 per tonne.
Sep 13, 2017 11:25CST
China Copper Ore Imports Edge up MoM in August
China’s imports of copper ore and concentrate were up slightly in August on a monthly basis, according to China Customs.
Sep 8, 2017 13:42CST
Copper Spot Premiums Fall Sharply in Shanghai on Selloffs, SMM Reports
Spot premiums of copper dropped rapidly on September 8 due to more supplies, SMM reports.
Sep 8, 2017 13:26CST
South Africa CEC to Resume Power Supply to Mopani
The Copperbelt Energy Corporation (CEC) said to resume full power supply to Mopani Copper Mines from Wednesday.
Aug 31, 2017 11:31CST
Chile Raises Copper Price Forecast for 2017
Rodrigo Valdes, Chile’s Finance Minister, said the Ministry raised the average copper price forecast from $2.20 to $2.50 per pound.
Jul 11, 2017 15:57CST
Most Read
price review forecast
price review forecast
price review forecast
price review forecast
data analysis
Copper EVENTS
- Dec03
2020 Nonferrous Metals Industry Chain Annual Summit
Dec 03 - 04,2020Can easing liquidity help the recovery of global manufacturing? Can the COVID-19 come to an end?Suzhou,China
China Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.
