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
Zinc prices experienced a slight decline, closing down by 0.44% at Rs 307.65, as profit-taking occurred following a recent surge fueled by speculative purchasing amid worries about tightening supply. The correction occurred notwithstanding new signs of supply-side limitations in China, where a central zinc mine is poised for routine maintenance, leading to a decrease in Read More
Copper prices experienced a significant correction, closing down by 3.55% at Rs 1,232.6, as traders took the opportunity to realize profits following recent record highs. The decline occurred notwithstanding a generally favorable macroeconomic and structural environment. The US economy experienced its most rapid growth in two years in the third quarter, propelled by robust consumer Read More
Zinc prices continued their upward trajectory, closing with an increase of 2.59% at Rs 312.95. This rise was bolstered by limited year-end trading activity, speculative purchasing, and a depreciating US dollar, all amidst apprehensions regarding tightening supply conditions. Planned maintenance shutdowns at zinc mines in Central and Southwest China are anticipated to provide additional support 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
Zinc prices experienced a slight increase of 0.45%, closing at Rs 302.75. This uptick is attributed to emerging supply-side constraints, particularly following the announcement of a routine maintenance shutdown at a zinc mine in Central China, which has led to a reduction in available production days. Further backing was provided by anticipations of reduced zinc 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
