I think your chart Bayhunter is live prices US$/Lb, not LME inventory levels as per Deme's post?
LME is run by a Chinese company. Propaganda is such an issue these days as many countries trying to obscure their intentions. China is currently hoping to obtain a lot of Russian copper at a decent discount, thereby forcing NATO countries to pay more. If you look at what is happening within the LME it seems ridiculous as they are factoring in a recession (possibly Europe based) & not looking at actual price levels and projects on the horizon. Surely they would have restocked a lot when copper hit $3.20/Lb back in July or any time thereafter but they didn't. Stupid.
Here is another chart from ***** showing the COMEX Copper quantities held in stock.
- Forums
- ASX - By Stock
- Global Wind Energy & Infrastructure
I think your chart Bayhunter is live prices US$/Lb, not LME...
-
- There are more pages in this discussion • 7 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 CYM (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $76.23M |
Open | High | Low | Value | Volume |
4.9¢ | 5.2¢ | 4.8¢ | $98.72K | 1.982M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 76924 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 626748 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 76924 | 0.050 |
4 | 910416 | 0.048 |
3 | 322765 | 0.047 |
3 | 280000 | 0.046 |
3 | 64000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 250000 | 2 |
0.052 | 310161 | 3 |
0.053 | 1000423 | 1 |
0.054 | 700000 | 2 |
0.055 | 400000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
CYM (ASX) Chart |