At the Multi Commodity Exchange of India (MCX), precious metals and energies posted solid gains for the week Feb 06- Feb 10, 2012. Base metals weakened except for copper which rose over 1%. In Indi....

China's copper demand growth may shrink by 50% in 2012 on the back of a cutback in a government subsidy program. China is the largest copper consumer in the world, accounting for almost 40% of glob....

Favorable unemployment claims data from the US coupled with weakness in the US dollar helped base metals complex to trade higher on the LME on Thursday.....

Copper has given strong break out amd closed above its resistance 431and closed at Rs 434.65 after making high of Rs 434.15 on MCX track....

Base metals prices witnessed significant buying whereas copper prices reached to near year’s high after positive news from Europe spurred sentiments.....

Base metal prices gained yesterday after the Euro-zone finance ministers were convinced to provide bailout to Greece as the same has agreed to austerity measures to control debt.....

Copper imports by China declined for the month of January, as per data released by customs department. China is the world's largest consumer of copper, accounting for nearly 40% of global consumpti....

Copper yesterday traded with the positive node and settled 2.18% up at 434.15 as support seen greece's political leaders finally reached an agreement on a set of austerity measures and reforms Thur....

Base metals can remain sideways with upside bias but profit booking at higher levels cannot be denied.....

London Metal Exchange base metal prices slipped on Thursday. LME Copper eased 0.76% to $8520 a metric ton, after rising to five-month highs in the previous session. All other LME metals also future....

Greek Finance Minister Evangelos Venizelos left for the meeting in Brussels today after political leaders was not successful to settle new austerity measures required to secure a 130 billion Euro (....

Base metal prices retreated yesterday after trading mostly in gains as Greece debt-talks paused without an agreement on austerity measures.....

Copper prices traded firm, underpinned by outflow of positive news from China. Chinese government has decided to support the housing industry, the major consumer of the red metal.....

Copper prices touched a 20-month high today on news that the Chinese government pledged to support first-time homebuyers in China. The country is the world’s largest consumer of copper which ....

Copper yesterday traded with the positive node and settled 0.87% up at 424.9, re-approaching 4-month high as market sentiment was boosted by hopes that Greece may soon reach a consensus on a debt r....

LME base metals traded subdued, suppressed by the ambiguity on Greece bailout. However, Copper prices traded firm, underpinned by outflow of positive news from China.....

London Metal Exchange base metal prices showed up trend on Wednesday. LME Copper prices show high growth, after two straight days of losses, as investors were cautiously optimistic of an eventual a....

Copper futures rose to a 20-week high after the government pledged to support first-time homebuyers in China, the world’s biggest consumer of the metal used in pipes and wires. Officials will....

Asian stocks closed on a positive note today on the back of optimum talks of Greece debt crisis which are expected to end soon. European markets also rallied on account of this news and Dow Futures....

Manufacturers are reportedly using aluminium instead of copper for electric cables and wires. Considering that aluminium is more than 3.5 times cheaper than copper, one should ask- why not?....