Copper futures have breached five-week highs of US$3.88/lb driven by increased demand from China and indications of interest rate cuts in the US. In China unwrought copper imports increased by 2.6% in the first two months of 2024 as well as a 0.6% increase in copper concentrate imports.
While the property sector remains weak, copper producers are looking to ramp up production in response to EV and renewable demand.
Copper futures have breached five-week highs of US$3.88/lb...
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $75.06M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55794 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 55795 | 3 |
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| Last trade - 09.34am 02/05/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |
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