Copper May Climb Next Week After Rising Above Moving Average, Survey Shows

Copper may rise after climbing above a moving average amid reduced concern Greece may default on its debt, a survey showed. Six of 11 analysts, investors and traders surveyed by Bloomberg, or 55 percent, said prices will gain next week. Three predicted a drop and two forecast little change. Copper for three-month delivery was up 3.6 percent...

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Copper sector set to shine on growing demand

The Street reported that copper prices may have stalled but a look at supply versus demand makes the industrial metal increasingly attractive. Even though copper is down from its all time high of USD 4.62 per pound, analyst reports continue to project that robust demand from China will help boost prices toward the end of 2011. Analysts...

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METALS-Copper gains on relief over Greece, end of H1

* Copper hits two-month high * Copper stocks fall for sixth session (Updates with closing prices) By Melanie Burton LONDON, June 30 (Reuters) - Copper hit its highest in two months on Thursday, supported by investors' greater appetite for risky assets after the safe passage of Greece's austerity plan, as well as positioning ahead of the...

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Copper retreats as dollar lifted by lack of stimulus hint

* Copper off session lows, tight supplies support * Copper may revisit record high in 3 months-technicals * Coming Up: U.S. weekly jobless claims; 1230 GMT By Manolo Serapio Jr SINGAPORE, June 23 (Reuters) - Copper drifted lower on Thursday as the dollar strengthened after the U.S. Federal Reserve gave no hint of further monetary support...

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Copper prices see pressure toward technical support

LONDON (SHARECAST) - Copper prices are falling again today, with prices apparently trading close to support levels, from a technical analysis viewpoint. Base metals prices shaved some gains towards the end of last week on the back of broader market weakness and due to a renewed rally in USD. Also pressuring prices, Chinese import statistics...

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Copper declines in futures trade on global cues

Copper prices declined by 0.14% to Rs 406.55 per kg in futures trade today as speculators reduced their positions, triggered by a weakening global trend. Sluggish demand at the domestic spot market also put some pressure on the copper prices at futures trade. At the Multi Commodity Exchange, copper for delivery in August fell by 55 paise,...

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Copper trades down on global cues

Copper yesterday traded with the negative node and settled -0.48% down at 406.65, Copper fell to a one-week low on concern that the global economic recovery may be faltering as manufacturing slows from China to the U.S., the world’s largest metals buyers. Manufacturing in the U.S. grew at the slowest pace in more than a year last month,...

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LME Copper rebounds ahead of U.S. payrolls data

* . LME copper gains on Asian physical trading * . Fears of U.S. economic recovery still weighs * . Coming up: U.S. non-farm payrolls, May; 1230 GMT (Updates prices, adds quotes and details) By Carrie Ho SHANGHAI, June 3 (Reuters) - LME copper rose on Friday lifted by buoyant physical trading ahead of closely-watched U.S. payrolls data...

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Copper Falls to One-Week Low as Slowdown in Manufacturing May Curb Demand

Copper fell to a one-week low on concern that the global economic recovery may be faltering as manufacturing slows from China to the U.S., the world’s largest metals buyers. Manufacturing in the U.S. grew at the slowest pace in more than a year last month, and more Americans than forecast filed applications forunemployment benefits last...

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Copper, Aluminum Drop as Weaker Data Drive Speculation Recovery May Falter

Copper, nickel and aluminum declined in London for a second straight day on mounting concern that the global economic recovery may be faltering as manufacturing slows from China to the U.S. Three-month copper on the London Metal Exchange fell as much as 0.9 percent to $9,016 a metric ton, the lowest level in a week, and was at $9,027 at...

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Copper and oil firm up, gold falls from 4-wk high

* CRB sees biggest monthly loss in a year * Euronext wheat futures top performer in May * U.S. silver weakest commodity this month By Marcy Nicholson NEW YORK, May 31 (Reuters) - Copper, oil and soft commodities rose on Tuesday, with the red metal tapping a four-week peak on growing hopes for a second aid package for Greece and as the...

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Copper dips on gloomy US economic outlook

Copper slipped today, extending losses from the previous session, after US jobs and manufacturing data came in below expectations and raised worries about the health of the global economy. Benchmark copper on the London Metal Exchange was at $9,063.75 a tonne by 0922 GMT, from $9,102 a tonne at the close on Wednesday, but trading volumes...

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Copper in New York Declines for First Day in Five on U.S. Economy Slowdown

Copper in New York fell for the first time in five days before reports this week that may show the economy is slowing in the U.S., the world’s second-largest consumer of the metal after China. July-delivery copper on the Comex in New York dropped as much as 1.2 percent to $4.135 a pound and traded at $4.1545 at 5:33 p.m. Singapore time....

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BASE METALS: Shanghai Metals Mostly Up; Weak Physical Buying Caps Copper

SHANGHAI (Dow Jones)--Base metals on the Shanghai Futures Exchange were mostly higher Monday, with copper rising for a fourth consecutive session in response to gains in global metal markets Friday. Benchmark SHFE August copper settled 0.3% higher at CNY68,320 a metric ton, after hitting a more-than-three-week high of CNY68,730/ton at the...

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India: Copper future will gain, buying recommended

AHMEDABAD (Commodity Online): MCX Copper June contract ended flat Saturday after rising Friday as a weaker dollar boosted prices, but pared gains as poor U.S. data underlined a patchy global economic outlook that suggested its advance may falter. Copper on LME hit $9,238, its highest since May 4, as the euro climbed to a session high against...

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