Monthly Archives: May 2016

Copper Tuesday May 31,2016

Spot COMEX 210.45, down 95 ptsJul COMEX 210.45, down 95 pts Aug COMEX 210.95, down 95 pts  LME 3 Month Copper 4,667.00, Cash = 213.00 ¢/lb  COMEX Stocks down 203 mt. Total COMEX 55,583 mt LME Stocks down 2,025 mt.

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Wednesday Copper May 18 2016

May COMEX 205.75, down 3.45 ¢Jun COMEX 205.55, down 3.40 ¢ Jul COMEX 205.50, down 3.40 ¢  LME 3 Month Copper 4,578.00, Cash = 208.00 ¢/lb COMEX Stocks down 323 mt. Total COMEX 56,983 mt LME Stocks up 100 mt.

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Copper Tuesday

  Copper steadied on Tuesday alongside the dollar though some analysts expected prices to retreat further as the market fully takes into account prospects for weak demand growth in top consumer China.  Benchmark copper on the LME was trading 0.2

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Copper & China Down May 4 2016

Copper prices fell on Wednesday due to selling triggered by the stronger dollar.  Surveys of manufacturing around the world, and particularly in top consumer China, highlighted poor demand prospects.  Benchmark copper on the LME was down 0.6 percent at $4,893

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Copper Tuesday May 3rd

  China’s economy is still quite precarious as speculators grapple with the uncertainty. China’s local governments have embarked on a massive new round of off-balance sheet debt financing, underpinning a fragile upturn in the economy but raising red flags on

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