Shanghai copper hits 16-month high on Chile supply concerns
SINGAPORE — Shanghai copper prices hit their highest in more than 16 months and London copper scaled near its six-month high on Thursday on supply worries in top producer Chile.
The most-traded August copper contract on the Shanghai Futures Exchange rose as much as 1.9% to 50,620 yuan ($7,236.29) a tonne, its highest since March 4, 2019.
Three-month copper on the London Metal Exchange advanced to as high as $6,305.50 a tonne, a level unseen since Jan. 17.
Unions at Chile’s Codelco, the world’s largest copper producer, said on Wednesday nearly 3,000 workers had been infected with the coronavirus, prompting renewed calls for more safety measures at the company’s sprawling operations.
- Forums
- ASX - By Stock
- AIS
- Copper Supply Shortages as Demand Picks Up
Copper Supply Shortages as Demand Picks Up, page-2
-
- There are more pages in this discussion • 187 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AIS (ASX) to my watchlist
|
|||||
Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $169.3M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $199.2K | 1.136M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 66408 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 562727 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 66408 | 0.175 |
13 | 1580585 | 0.170 |
15 | 1288324 | 0.165 |
24 | 899432 | 0.160 |
8 | 483670 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 527727 | 10 |
0.185 | 1008908 | 10 |
0.190 | 294230 | 8 |
0.195 | 390000 | 4 |
0.200 | 177750 | 5 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
AIS (ASX) Chart |