If oil keeps doing what it's doing it will push the Cu price up...

  1. 16,712 Posts.
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    If oil keeps doing what it's doing it will push the Cu price up simply because 30% of the production cost is energy (apart from speculation on Cu as an iinflation hedge). Then see if MLX's results & SP changes.
    (See the gold reaction more recently).
 
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(20min delay)
Last
57.0¢
Change
0.025(4.59%)
Mkt cap ! $505.2M
Open High Low Value Volume
55.0¢ 58.0¢ 55.0¢ $2.022M 3.573M

Buyers (Bids)

No. Vol. Price($)
2 19522 56.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 50000 1
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MLX (ASX) Chart
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