Copper is the hot metal enjoying a stellar run ... the latest surge will benefit BHP & OXR today:
"Base metals boomed with shares of US copper mining companies
bounding ahead as some metals hit all-time highs.
The surge followed remarks by Phelps Dodge Corp, the world's
second-largest copper producer, which said it expected prices to stay at
record highs as demand, especially from China and India, kept growing.
Copper is on a record high as a key component of infrastructure
and building construction and auto manufacturing.
The copper price reached a record and closing at $5144 tonne on
the London Metal Exchange.
New York copper was also strong, rallying to a fresh record high
of $2.3150 lb ($5104 tonne).
The strength in commodities prices helped lift the FTSE 100
share index above 6000 points for the first time since March 2001.
Zinc prices also hit a record peak in Europe and copper rallied
over 2 per cent to close in on last month's record high as buyers
returned to the market.
Three-month zinc futures on the LME rallied to a new all-time
peak of $2455 tonne, up 3.4 per cent on the previous session"
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Last
$44.74 |
Change
1.380(3.18%) |
Mkt cap ! $227.0B |
Open | High | Low | Value | Volume |
$44.35 | $44.86 | $44.27 | $675.0M | 15.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | $44.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$44.75 | 3245 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 44.700 |
1 | 2 | 44.690 |
1 | 12 | 44.640 |
1 | 500 | 44.590 |
1 | 1100 | 44.580 |
Price($) | Vol. | No. |
---|---|---|
44.750 | 2000 | 3 |
44.760 | 143 | 1 |
44.780 | 2250 | 2 |
44.790 | 996 | 2 |
44.800 | 7886 | 13 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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