Copper miners have been trending downwards in recent weeks as prices for the metal have continued to slump. Copper prices on Thursday set a new low for 2013 on slowing housing demand from China and the U.S. Five Star Equities examines the outlook for companies in the Copper Industry and provides equity research on Freeport-McMoRan Copper & Gold and [...]
After surging on the announcement of Quantitative Easing 3 copper prices have fallen sharply, hitting a 6-week low last Friday, on concerns regarding China's failing economy. The major slowdown in China, who is responsible for roughly 40 percent of the world's copper use, has had a major impact on copper prices in 2012. Five Star Equities examines [...]
Copper futures last week saw their biggest decline in seven weeks after manufacturing data and trade disputes with Japan raised concerns over future demand. Demand from China, responsible for roughly 40 percent of the world's copper consumption, is expected to increase by 4.2 percent in 2012, below previous estimates of a 5 percent gain according [...]
Demand for copper is on the rise as copper inventories in warehouses tracked by the LME are at the lowest levels since the beginning of June. Reuters recently reported that after reaching summer highs copper inventories have fallen 20,000 tons to 234,550 tons. "Copper inventory levels on the LME are extremely low, and the market is vulnerable to a [...]
Commodity prices across the board continue to slide on concerns of slowing growth in China and Greece leaving the Euro signaling weaker demand for the metal. Copper prices hit four-month lows Wednesday. Copper on the Comex in New York touched $3.3865, the lowest it has been since Jan. 9. The Paragon Report examines investing opportunities in Copper [...]
Copper futures recorded the biggest weekly loss since mid-December last Friday. Prices fell on increasing concerns that slowing economic growth in China, the world's top consumer, may significantly drop demand. Five Star Equities examines the outlook for companies in the Copper Industry and provides equity research on Southern Copper and Lundin [...]
