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Zijin Mining Africa Copper Project Upgrading aims to become the world's fourth largest copper mine
Time of Update: 2023-01-03
China's Zijin Mining said on Wednesday that its joint venture copper project Kamoa-Kakula in the Democratic Republic of Congo (DRC) will spend $50 million to upgrade its metal capacity and production.
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Copper consumption margin improved Shanghai copper closed strongly
Time of Update: 2022-12-26
The "eagle whispering" dollar has been positive for four consecutive years, but Shanghai copper has not been affected by this, and the macro has not continued to come more bearish news, coupled with the continuous decline in overseas copper mine production, and the end of the fifteen consecutive increase in London copper inventory, under the marginal improvement of consumption, Shanghai copper closed up strongly.
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The dollar index climbed sharply and the trend of Shanghai copper was weak
Time of Update: 2022-12-26
Shanghai copperDuring the Asian session, London copper fluctuated to the bottom, and the latest quotation at 15:01 Beijing time was 7312 US dollars / ton, down 133 US dollars, or 1.
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June 27 Copper Market Morning Review
Time of Update: 2022-12-25
Copper CityLast week, Powell signaled to the market that the Fed will continue to raise interest rates aggressively, and Powell's congressional hearing will not turn as long as inflation does not decrease rapidly; And Thursday's U.
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February 16 London Copper Afternoon Review
Time of Update: 2022-12-24
London copperThe recovery of market risk appetite pushed European and American stock markets to rise, overnight London copper ran strongly, the latest closing quotation of 9974 US dollars / ton, closed up 123 US dollars, or 1.
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The main force of Shanghai copper fell sharply and is expected to adjust weakly in the short term
Time of Update: 2022-12-22
15% from the previous trading day's closing price; LME copper fell sharply, as of 15:00 Beijing time, the three-month London copper was reported at $9739.
Market focus: (1) At 20:30 Beijing time on June 15, the US PPI for May and retail sales data for May will be released.
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June 23 Shanghai copper brief commentary
Time of Update: 2022-12-22
Watch for follow-up news from the Overnight Fed. Today's Shanghai copper main force continued the rebound trend, closing the Shanghai copper main 2107 contract closed at 68480, up 1360, or 2.
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June 2 London Copper afternoon review
Time of Update: 2022-12-22
London copperThe US manufacturing data in May was better than expected, but the employment index was weak, and the copper shock was weak overnight, with the latest closing quotation of 10239 US dollars / ton, down 36 US dollars, or 0.
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Most of the non-ferrous metals market fell, and the market transaction was relatively light
Time of Update: 2022-12-22
Earlier, copper prices continued to soar, the dollar broke down to give the copper market momentum, but the United States announced a sharp decline in the new housing start rate, material prices are too high is one of the reasons, in the face of the sharp rise in US prices, the market is more sensitive to whether the US monetary policy turned.
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Brief review of Shanghai copper on April 15
Time of Update: 2022-12-21
Shanghai copperOn the macro front, the overseas epidemic is still serious, especially in some emerging countries; The Fed's Beige Book raised the US economy, Powell reiterated his "dovish" stance, US bonds were sought after yields fell, and the dollar continued to weaken; Domestic currency growth has slowed down, but the recovery + inflation logic is still supported.
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February 23 London Copper noon review
Time of Update: 2022-12-21
London copperGlobal vaccination accelerated, the economic outlook in Europe and the United States improved, the global economic recovery was in sight, the dollar faced new pressure, overnight London copper continued to rise, rising above $9,000 for the first time since 2011, the latest closing quotation of $9,114 / ton, up $173, or 1.
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February 3 London Copper afternoon review
Time of Update: 2022-12-21
8% in 2020, and fell into negative growth in the fourth quarter, Capital Economics said that it will remain sluggish for a period of time, overnight London copper weak operation, the latest closing quotation of 7752 US dollars / ton, down 71 US dollars, down 0.
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Macro sentiment continues to improve, supporting copper prices
Time of Update: 2022-12-20
Copper pricesIn terms of fundamentals, there was still great uncertainty due to the impact of the epidemic in major producing countries such as Chile in the third quarter, which were more obvious supply-side disruptions.
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Macro sentiment continues to improve, supporting copper prices
Time of Update: 2022-12-20
Copper pricesIn terms of fundamentals, there was still great uncertainty due to the impact of the epidemic in major producing countries such as Chile in the third quarter, which were more obvious supply-side disruptions.
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The main shock of Shanghai copper fell slightly, and the overall trading of the market was average
Time of Update: 2022-12-20
Market focus: (1) At 23:00 Beijing time on Tuesday, US Treasury Secretary nominee Yellen will participate in the hearing, which is expected to rule out the possibility of seeking a weaker dollar, but does not want the dollar to strengthen.
