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  • July 27, 2014
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  1. Business - Commodities - Copper

    Copper rises on brighter China factory data

    Posted Oct 24th 2013, 05:30pm by Reuters in Singapore

    ... Reuters in Singapore Copper prices increase in London on positive indications China's economy may have stabilised London copper climbed on Thursday from the near one-week lows touched ... tightening since Q2 and because of that we’re expecting slower growth and that does feed into our bearish copper view.” Three-month copper on the London Metal Exchange was trading up 0.53 per cent ...

  2. Copper

    Posted Jun 13th 2010, 12:00am by Kavita Daswani

    ... Kavita Daswani Alongside brass, hammered silver and brushed pewter, copper can be found in many households- in the shape of cooking pots, kitchen canisters, vases, trays and urns. The burnished sheen of copper makes it an attractive accent and designers are using it to develop new aesthetic sensibilities. Dutch designer Aldo Bakker (aldobakker.com) has created the Copper ...

  3. Dark rumours of black magic in the copper market

    Posted Jul 30th 2009, 12:00am by Tom Holland

    ... with Tom Holland Dark rumours have been swirling on the London Metal Exchange. As the price of copper has soared recently- with the spot price climbing to US$5,625 a tonne on Monday, 103 ... rogue trader Yasuo Hamanaka's disastrous 1996 bid to manipulate the copper price- an attempt that ended up costing his employer Sumitomo Corp a massive US$2.6 billion- and argue something ...

  4. Jiangxi Copper up 9.5pc on earnings surprise

    Posted Aug 28th 2008, 12:00am by Carol Chan

    ... Carol Chan Shares of Jiangxi Copper surged yesterday after the mainland's biggest integrated copper producer reported better than expected first-half earnings and forecast solid selling prices. Jiangxi Copper's H shares jumped 9.53 per cent to close at HK$12.64, while its A shares rose 4.02 per cent to 16.55 yuan (HK$18.90). Chairman Li Yihuang said the price ...

  5. Business - Commodities

    Copper under pressure but analysts see support from strategic buying

    Posted Jul 24th 2014, 01:06am by Eric Ng and Chim Sau-wai

    ... Eric Ng and Chim Sau-wai Although mainland imports are slowing amid tighter credit, prices are seen benefiting from strategic reserve purchases and power grid plans Copper feels pressure but support in view While the worst fallout from the Qingdao metal-backed financing scandal may have passed, mainland copper imports are slowing, with volumes shifting from small traders to larger ...

  6. Business - Money

    Chart of the day: Copper eyes rebound from retreat

    Posted Jul 23rd 2014, 12:14am by Nicole Elliott

    ... Nicole Elliott Chart of the day: Copper eyes rebound Rolling front month futures contracts for high-grade copper traded in New York show signs of readying for a rebound after falling back from five-month highs in the wake of a warehousing scandal in the mainland port of Qingdao. The retreat from a high of around US$3.30 per pound in recent weeks has brought the price back ...

  7. Business - Commodities - METALS

    Copper prices to remain stable until next year, predicts MMG mining chief

    Posted Jul 22nd 2014, 12:29am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com MMG mining chief's prediction comes as world supplies of metal expected to stay unchanged Copper prices to remain stable until next year The price of copper ... China Minmetals Nonferrous Metals, said prices would probably rise in the second half of next year, helped by demand from the United States, the world's second-largest copper consumer. ...


    China state copper firm chief jumps to his death following corruption allegations: report

    Posted Jun 25th 2014, 02:37pm

    ... Agence France-Presse in Shanghai Chairman of Tongling Nonferrous Metals Group, Wei Jianghong, died after falling off building in suspected suicide The head of a US$2 billion Chinese copper producer fell to his death from a building, the firm announced on Wednesday, with a state-run newspaper claiming he committed suicide following corruption allegations. The chairman of state-owned ...

  9. Business - Commodities - COMMENT

    Copper stockpiles could wash back into market amid probe fallout

    Posted Jun 10th 2014, 01:02am by Reuters

    ... Andy Home Copper stockpiles of about 700,000 tonnes could wash back into market amid probe fallout If Qingdao is troubling, think of Shanghai's metal mountain Credit is what makes the commodities world go round. Whether it be copper from Chile, oil from the Gulf or soya beans from Brazil, it all has to be shipped to consumers. This global flow of raw materials is facilitated ...

  10. Business - Commodities - METALS

    Copper premiums fall on worries about financing

    Posted Jun 05th 2014, 05:34am by Reuters

    ... Reuters in Sydney Copper premiums fall on worries about financing Copper premiums in Shanghai fell yesterday after traders cited concerns over disruptions to some shipments at Qingdao, ... said exports and operations were running normally. There were market concerns, however, about a broader crackdown on using copper for financing. "The market focus is back to the copper ...




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