Copper futures add to losses after French debt sale

Financeroll – Copper futures fell to a one-week low on Thursday, adding to losses amid ongoing fears over the euro zone’s debt crisis following a disappointing auction of French government debt. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at …

Copper trimmed losses as Italy debt sale eyed

Financeroll – Copper futures trimmed losses in thin trade on Thursday, but remained close to a one-week low as markets remained jittery ahead a closely-watched Italian bond auction later in the day. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at …

Copper slumps in quiet trade

Financeroll – Copper futures declined in quiet trade on Tuesday, as concerns over the outlook for the global economy dampened sentiment on the industrial metal. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery traded at USD3.431 a pound during European morning …

Copper traders most bullish in two months

Financeroll – Copper traders are the most bullish since October as global inventories at a two-year low add to signs that demand is improving. Global copper stockpiles monitored by exchanges in London, Shanghai and New York fell 22 percent since March and this month were at the lowest level since October …

Copper rose on China demand outlook

Financeroll – Copper futures rose for a third day on Thursday, trading just below the previous session’s one-week high amid indications demand from top consumer China was strengthening, while a weaker U.S. dollar also lent support. On the Comex division of the New York Mercantile Exchange, copper …

Copper climbs ahead of ECB tender

Financeroll – Copper futures extended solid gains from the previous session on Wednesday, climbing to a one-week high as the U.S. dollar fell further amid optimism toward the European Central Bank’s first offer of three-year loans later in the day. On the Comex division of the New York Mercantile …

Copper drop on euro zone downgrade warnings

Financeroll – Copper futures declined on Monday, trading close to a three-week low as ongoing fears over mass euro zone credit rating cuts dampened sentiment on the industrial metal, while a stronger U.S. dollar also weighed. On the Comex division of the New York Mercantile Exchange, copper futures for March …

Copper stockpiles in shanghai rise to one month high

Financeroll – Copper stockpiles monitored by the Shanghai Futures Exchange climbed to a one-month high, while aluminum holdings advanced to the most in five months, data from the bourse showed today. Inventories rose 6,858 metric tons to 79,570 tons, the highest since the week ending Nov. 11, according to a …