Well at least one thing seems to be going CNBs way - the copper price has been trending downward since peaking in January, and this week has broken upwards through that downtrend line. Let's see if it can reclaim $4/lb and settle above there somewhere - as we await the anticipated mid-decade copper shortfall.
CNB's recovery to above $1 at the end of 2022 / early 2023 followed the Cu price upwards movement from $3.4 to $4.2/lb. Over the past 6 weeks the Cu price has shot up from $3.5 to $3.9/lb.
Well at least one thing seems to be going CNBs way - the copper...
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Last
53.5¢ |
Change
0.015(2.88%) |
Mkt cap ! $91.98M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.5¢ | 51.0¢ | $65.85K | 126.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27321 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 849 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |