copper

Copper futures fell to $3.50 per pound, a level not seen since February 2021, as fears of a demand-killing recession continued to hang over the market. Even with the recent down turn in copper futures the commodity should not be written off that easy. Copper and aluminum will be a significantly demanded commodity as pending Ukraine…

United States Of America - Bylt has issued a volatility alert on copper prices and supply chains in the wake of unstable mining operations related to worker strike, closures and or geo-political resistance or market manipulations. We will continue to track these issues. At the time of writing this alert copper was trading at $3.73 a pound. Copper…

New Delhi, India -  India has seen several upticks in corruption and political instability the more 2022 has progressed. With disturbing rampant corruption surfacing throughout the region many reports are occurring involving police and governmental arrests. Other events occurring in the region stem from rapid political stance changes ranging from…

Copper continued its downward trend, falling to a 15-month low below $4 per pound amid mounting fears of a global economic slowdown caused by aggressive tightening by major central banks and persistent coronavirus outbreaks in China. The third most used metal worldwide is copper. More than a third of the copper produced worldwide is produced in…

United States Of America - Copper futures fell to $4.2 per pound, the lowest level in nearly ten weeks, as inventories increased and investors reduced risk exposure in anticipation of the US Fed announcing a faster end to its bond-buying program. On-warrant LME inventories in certified warehouses increased to 82,850 tons, the highest level in…

Washington, DC - US futures rose on Monday, attempting to recover from last week's massive losses, which saw the S&P 500 post its worst performance since June and the Nasdaq post its worst performance since July. Traders continue to analyze evidence of slowing growth in the face of the spread of the coronavirus delta variant, uncertainty…

Commodity markets have been influenced by major decisions from the two largest economies in the world - USA and China - and also by concerns about the Delta variant. In this article, we will discuss the short-term outlook for industrial metals that are relevant for construction, and also precious metals. Copper Copper futures had been…