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Copper Futures - Dec 14 (HGZ4)

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3.164 +0.013    (+0.40%)
6:39:43 GMT - Real-time CFD Data. Currency in USD ( Disclaimer )
Type: Commodity
Group: Metals
Unit: 1 Pound

  • Prev. Close: 3.152
  • Open: 3.151
  • Day's Range: 3.148 - 3.169
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Copper 3.164 ++0.013 (++0.40%)
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Copper Contracts

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Latest Copper Comments

christu dass
christu dass Sep 02, 2014 06:27AM GMT
gm divyanshu sl copper

DEEPAK JAISINGH Sep 02, 2014 06:22AM GMT
SHANGHAI (SMM): Nickel ore inventories at China’s five major ports, namely Tianjin, Rizhao, Lanshan, Lianyungang, and Jingtang, totaled 14.79 million tons last week, down 120,000 tons from the previous level, as per the Shanghai Metals Market data.. . . Inventories at the Port of Tianjin fell by 200,000 tons as NPI producers continued to pick up stocks outside the port.. . The Port of Lianyungang also witnessed a decline in stocks following brisk trading, down by 150,000 tons. Two ships of nickel ore are expected to arrive at the port this week.. . No nickel ore was shipped to the Port of Rizhao last week. Port inventories, however, increased 90,000 tons as ships lined up earlier were able to unload goods. One ship carrying nickel ore will arrive at the port this week.. . Two ships of nickel ore arrived at the Port of Lanshan last week, pushing up its stocks by 40,000 tons, and with another ship expected this week.. . At the Port of Jingtang, nickel ore stocks rose by 100,000 tons last week, SMM data showed

DEEPAK JAISINGH Sep 02, 2014 06:10AM GMT
SHANGHAI, Sept. 2 (SMM) – Norilsk Nickel’s net profit tripled in the first half of this year, the company said in its first-half 2014 interim financial results. . . “We remain bullish on nickel in the medium term assuming that the Indonesian ban remains in place unaltered”, the company noted in the report. . . The company also expected NPI output in China to reduce by over 50,000 tonnes year-on-year in 2014 and at least another 150,000 tonnes year-on-year in 2015. . . “We expect that marginal supply growth will not match the increase of global metal consumption, thus driving the nickel market to balance this year and to a sizeable deficit in 2015”, it added.. . Norilsk Nickel is the largest nickel and palladium producer in the world.
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