Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email [email protected] to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/0/ba5d2b66-0d30-11e0-82ff-00144feabdc0.html#ixzz18qz03gjx
Another 25% increase in the price of copper to come!!
The halt of supplies from the Collahuasi mine in Chile, at a time when demand is already outpacing supply, will further tighten the global copper market, traders said.
Analysts, traders and senior mining executives believe copper prices could surge next year as high as $12,000 a tonne on the back of the growing shortage.
On the London Metal Exchange, copper for delivery in three months rose to a nominal record of $9,392 a tonne, up 2.1 per cent on the day. Copper prices have surged nearly 26 per cent since January and by nearly sixfold since 2000.
- Forums
- ASX - By Stock
- LCL
- copper becomes the new gold
copper becomes the new gold, page-2
-
-
- There are more pages in this discussion • 9 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 LCL (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.754M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $805 | 115K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 6867058 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3430837 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 6867058 | 0.007 |
8 | 9187164 | 0.006 |
12 | 5424080 | 0.005 |
5 | 3628763 | 0.004 |
2 | 800000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3430837 | 7 |
0.009 | 1588624 | 6 |
0.010 | 3787428 | 9 |
0.011 | 459999 | 2 |
0.012 | 2182842 | 2 |
Last trade - 15.47pm 09/08/2024 (20 minute delay) ? |
Featured News
LCL (ASX) Chart |