Copper rose in London after imports of refined metal into China reached a 19-month high, indicating continued demand in the world’s biggest consumer.
Copper rose in London, rebounding from a three-week low, on speculation U.S. politicians will agree to increase the government’s borrowing limit and avoid a debt default.
Copper reached a one-week low in London as reports of slumping prices, reduced industrial production and higher unemployment from Germany to Australia fanned concern about the outlook for demand.
Copper fell in London, set for the biggest monthly decline since May, on further signs demand has yet to revive as stockpiles of the metal increase.
BlueCrest Capital Management LLP, the $36 billion hedge-fund firm run by Michael Platt, hired three credit traders as Wall Street’s biggest banks pull back from riskier businesses.
Copper rose in London, narrowing this week’s drop, on signs a price slump encouraged buyers in leading global consumer China as demand strengthens.
Copper rose in London before a report that may show manufacturing in China increased, adding to speculation of recovering demand by the biggest buyer.
Copper fell the most in two months on concern that China, the world’s biggest metal consumer, will take more steps to restrain the economy.
The premium investors pay to borrow copper for next-day delivery fell from the highest in almost three months after a dominant position in London Metal Exchange- monitored stockpiles disappeared.
Copper rose the most in more than two weeks as miners prepared to strike in Chile, the world’s biggest producer.
"With the amount of canceled warrants that are around in the world and very low visible stocks, you'd imagine an even tighter market in terms of spreads."
- Andrew Silver on Nov 13, 2013