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"
- Forums
- ASX - By Stock
- 'hot' copper
Copper is the hot metal enjoying a stellar run ... the latest...
-
- There are more pages in this discussion • 8 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 BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$40.01 |
Change
0.800(2.04%) |
Mkt cap ! $202.9B |
Open | High | Low | Value | Volume |
$40.07 | $40.25 | $39.67 | $474.9M | 11.69M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15864 | $40.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.03 | 1196 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2538 | 40.000 |
1 | 30 | 39.930 |
2 | 107 | 39.910 |
2 | 1067 | 39.900 |
1 | 25 | 39.890 |
Price($) | Vol. | No. |
---|---|---|
40.040 | 300 | 1 |
40.090 | 1000 | 1 |
40.100 | 10680 | 4 |
40.120 | 950 | 2 |
40.150 | 3922 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |