China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

Home

Metal News

US Copper Settles up with Help from Global Shares

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

NET ZERO EUROPE - Solar & Energy Storage Summit

Chile Copper Mining Co Codelco Increases El Teniente Mine Life

NEW YORK, Sept 8 (Reuters) -
U.S. copper futures ended 
higher on Wednesday, recovering from earlier losses along with 
rising stock markets as investors grew less worried about 
European banks.
Copper for December delivery HGZ0 rose 3.00 cents, or 
0.86 percent, to settle at $3.5005 per lb on the COMEX metals 
division of the New York Mercantile Exchange.
On Tuesday, benchmark December contract hit a four-month 
peak at $3.5345 per lb.
COMEX estimated final copper futures volume at 29,098 
lots, versus Tuesday's final count of 29,640 lots. IZQI
Open interest down 2,840 lots to 137,079 contracts as of 
Sept. 7.
Copper up with U.S. and European equity markets after 
successful Portuguese debt auction eased concerns about 
European banks and sovereign debt. [ID:nLDE68718K] [MKTS/GLOB]
Copper price reflecting slower global growth scenario 
versus prospect of double-dip recession - Frank Lesh, broker 
and futures analyst with Future Path Trading in Chicago.
Copper supported by bullish supply trend in London 
warehouse stock levels - Lesh.
London Metal Exchange (LME) copper warehouse stocks down 
975 tonnes to 394,500 tonnes. Stockpiles down nearly 30 percent 
from 6-1/2-year high at 555,075 tonnes in mid-February.
COMEX copper warehouse stocks off 225 short tons at 
94,821 short tons as of Sept. 7
New clashes between unionized workers and company contract 
workers have broken out at the massive Cananea copper mine in 
northern Mexico, owned by Grupo Mexico (GMEXICOB.MX).
LME copper CMCU3 closed at $7,675 per tonne from $7,629 
at the close on Tuesday.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 
 
&nbsp;

Copper in London Declines on U.S. Growth Concern, China Commodity Selloff

US Copper Settles up with Help from Global Shares | Shanghai Non ferrous Metals

US Copper Settles up with Help from Global Shares

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit