Monday, 11 April 2011
1
Copper Rises to One-Month High in London Trading on Growth: LME Preview
Copper rose to a one-month high after China’s imports advanced 29 percent last month.
-- Copper jumped $45, or 0.5 percent, to $9,920 a metric ton by
7:57 a.m. on the London Metal Exchange. Relative Strength Index
62.
-- Aluminum rose 0.2 percent to $2,717.50 a ton. RSI 68.
-- Zinc was unchanged at $2,534 a ton. RSI 64.
-- Lead advanced 1.6 percent to $2,896 a ton. RSI 70.
-- Nickel was up 0.6 percent at $27,770 a ton. RSI 57.
-- Tin rose 1.2 percent to $33,450 a ton. RSI 72.
Other markets: Last % Change % YTD
U.S. Dollar Index 74.96 0.1 -5.2
Crude Oil $112.96 0.1 23.6
Gold $1,474.23 0.0 3.8
MSCI World Index 1,352.30 0.1 5.6
Economic Events:
Forecast Prior Time
(London)
IT Industrial Production 1.7% -1.5% 09:00
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1 Responses to “Copper Rises to One-Month High in London Trading on Growth: LME Preview”
2 January 2015 at 02:40
PSU OMCs reportedly cut petrol and diesel rates by Rs 2 a liter, excluding local taxes, today, 1 January 2015. Metal and mining stocks were in demand on renewed buying. The auto sector is expected to trade up on the back of strong sales figures for the month of December. Hero moto Corp & Maruti have projected strong growth numbers.
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