yes demand has been strong off the back of rising copper prices , but has softened by 4% this week, disquiet about the Chinese economy wouldn’t have helped. Your right though, A1C price has softened almost in line with fall on copper price. Demand for A1C has also tailed off to reflect its pure exposure to the metal. Maybe a pause is in line until copper market shakes off the current sentiment .
A1M: General Comments, page-373
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Last
48.5¢ |
Change
-0.015(3.00%) |
Mkt cap ! $224.2M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 48.0¢ | $637.5K | 1.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 131242 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 41784 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
48.5¢ |
Change
-0.015 ( 2.02 %) |
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| Open | High | Low | Volume | ||
| 50.0¢ | 50.5¢ | 48.5¢ | 522189 | ||
| Last updated 15.57pm 10/05/2024 ? | |||||
| A1M (ASX) Chart |