Copper prices experienced a decline, closing down by 2.28% at Rs 1,307.75, as profit-taking occurred following the recent surge fueled by expectations of constrained supply and concerns related to tariffs. Market participants express caution regarding the possibility that U.S. tariffs on refined metals, instituted during the Trump administration, may redirect global shipments to the U.S., Read More
Copper prices concluded the trading session with an increase of 2.04%, reaching a settlement at Rs 1313.3, driven by supply-side concerns that overshadowed the mixed macroeconomic indicators. Sentiment was bolstered by disruptions in critical producing areas, notably Chile, where Capstone Copper revealed that operations at its Mantoverde mine would be reduced to approximately 30% capacity Read More
Copper prices maintained their robust upward trajectory, closing 0.54% higher at Rs 1,292.5, driven by supply-side disruptions and anticipations of persistently increasing demand stemming from the AI boom and the global energy transition, which bolstered market sentiment. The tightening of physical availability is evident in the Yangshan copper premium, which is concluding the year close Read More
Copper experienced a notable increase, closing higher by 1.47% at Rs 1,156.6, bolstered by constricting supply dynamics and strong macroeconomic performance in the United States. The US economy experienced its most rapid growth in two years in the third quarter, propelled by robust consumer spending, exports, and industrial activity, which supports demand from sectors that Read More
Copper prices experienced a modest increase, closing up 0.28% at Rs 1,114.85, bolstered by robust production data from China and ongoing apprehensions regarding potential supply constraints in the future. In November, China’s refined copper production experienced a significant increase, rising by 11.9% compared to the same month last year, reaching 1.24 million tons. This figure Read More
Copper prices maintained their upward trajectory, closing up by 0.67 percent at Rs 1,113.35, fueled by ongoing worries regarding potential supply shortages that have spurred speculative buying activity. LME copper has experienced a rally of approximately 33 percent this year, achieving consecutive record highs in recent weeks. This surge is driven by expectations that mine Read More
