Copper prices concluded the trading session with a decline of 0.47%, settling at Rs 1,391. This downturn was primarily driven by a stronger dollar and a prevailing weaker macroeconomic sentiment, which overshadowed the renewed apprehensions regarding tightening availability on the LME. Uncertainty regarding potential US tariffs on refined copper imports has prompted notable stock fluctuations Read More
Copper prices concluded the trading session with a 0.16% increase, reaching Rs 1,379.15. This uptick was bolstered by expectations of tightening global supply and apprehensions regarding limited mine output. Potential U.S. import tariffs persisted in redirecting copper toward American warehouses, while the Democratic Republic of Congo’s copper concentrate export ban contributed to supply concerns. LME Read More
Copper prices fell by 0.47%, closing at Rs 1,302.35, influenced by widespread selling in industrial metals amid rising tensions between the United States and Iran, which dampened investor appetite for risk assets. Market sentiment experienced pressure from disappointing economic data out of China, although supply disruptions in Chile mitigated the extent of the decline. China’s Read More
Copper prices experienced a decline, closing down 1.33% at Rs 1,228, as increasing supply pressures negatively impacted market sentiment. The decline was primarily influenced by events in China, the globe’s foremost consumer, where refined copper production is anticipated to increase by approximately 5% this year following a significant 10% rise the previous year. In a Read More
