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Copper price: one-month lows as Evergrande crisis intensifies
Copper prices fell to one-month lows on Monday as traders plotted the risk of contagion from the Evergrande debt crisis, which is fuelling fresh fears about China's growth path. Benchmark copper on the London Metal Exchange touched $8,975 a tonne, the lowest since...
Aluminium: 2011 highs broken up
luminium exceeded the highs of 2011 at 2800 $/ton. Price level that could create a lot of volatility (possible downward positioning of institutional investors). To be evaluated if the weekly price will remain above 2800 $/ton, otherwise it could trigger first...
Copper: agreement ends strike at Andina mine in Chile
Two unions at the Andina copper mine in Chile have reached an agreement on a labour contract with copper producer Codelco, ending a prolonged strike that began in mid-August. Members of the Industrial Union of Labour Integration (SIIL) and the Unified Union of Workers...
Copper prices: bearish trend continues
Copper prices are on a downtrend after reports showed worsening manufacturing growth in the US and China. Chinese factory activity expanded in July at the slowest pace in 17 months, with the official purchasing managers' index (PMI) falling to 50.4 from 50.9 in June,...