Copper price rally builds after China imports surprise

Chinese imports of copper concentrate maintain record-breaking pace despite covid-19 disruptions.

Frik Els | April 14, 2020 | 10:32 am

Gold price leaps to $1,750

Gold vaults by $70 an ounce to 7-and-a-half year high as US central bank floods financial system with cheap money.

Frik Els | April 9, 2020 | 12:33 pm

Copper price jumps 4% as China manufacturing rebounds, but analysts warn market is far from returning to normal levels.

Frik Els | March 31, 2020 | 2:36 pm

So far this year Chinese import prices have averaged more than $90 a tonne.

Frik Els | March 24, 2020 | 12:51 pm

Gold is now the "currency of last resort."

Frik Els | March 24, 2020 | 11:23 am

US Fed promised to pump "unlimited" amounts of money into the financial system, boosting the metal’s status as a store of wealth and inflation hedge.

Frik Els | March 23, 2020 | 4:00 pm

New report shows of all commodities, the 90th percentile of the cost curve has worked as a support level best in copper.

Frik Els | March 23, 2020 | 10:00 am

Copper dropped overnight to below $2 a pound only to rally 11.6% in New York trade Thursday.

Frik Els | March 19, 2020 | 12:28 pm

Copper price plunge accelerates – down nearly 9% Wednesday – as producers announce production and construction halts.

Frik Els | March 18, 2020 | 12:39 pm

After steep losses "gold is starting to act like how it should act” amid massive monetary and fiscal stimulus in response to the pandemic.

Frik Els | March 17, 2020 | 10:22 am