May 28, 2010
LME CASH : 6876 (+040)
LME 3 MTHS : 6910(+049)
INVENTORY : 477,775(-1275)
VOLUME : 2,458,250 (-316300)
Friday, May 28, 2010
Wednesday, May 26, 2010
LME Copper Daily Summary 27 May 2010
May 27, 2010
LME CASH : 6836 (+151)
LME 3 MTHS : 6861(+130)
INVENTORY : 479,050(-275)
VOLUME : 2,774,450 (+183125)
LME CASH : 6836 (+151)
LME 3 MTHS : 6861(+130)
INVENTORY : 479,050(-275)
VOLUME : 2,774,450 (+183125)
LME Copper Daily Summary 26 May 2010
May 26, 2010
LME CASH : 6685 (-086)
LME 3 MTHS : 6731(-074)
INVENTORY : 479,325(-250)
VOLUME : 2,591,425 (-976875)
LME CASH : 6685 (-086)
LME 3 MTHS : 6731(-074)
INVENTORY : 479,325(-250)
VOLUME : 2,591,425 (-976875)
Monday, May 24, 2010
LME Copper Daily Summary 25 May 2010
May 25, 2010
LME CASH : 6771 (+132)
LME 3 MTHS : 6805(+140)
INVENTORY : 479,575(-250)
VOLUME : 3,568,300 (-452825)
LME CASH : 6771 (+132)
LME 3 MTHS : 6805(+140)
INVENTORY : 479,575(-250)
VOLUME : 3,568,300 (-452825)
Saturday, May 22, 2010
LME Copper Daily Summary 22 May 2010
May 22, 2010
LME CASH : 6639 (+139)
LME 3 MTHS : 6665(+135)
INVENTORY : 479,825(-1475)
VOLUME : 4,021,125 (-264925)
LME CASH : 6639 (+139)
LME 3 MTHS : 6665(+135)
INVENTORY : 479,825(-1475)
VOLUME : 4,021,125 (-264925)
Thursday, May 20, 2010
LME Copper Daily Summary 20 May 2010
May 20, 2010
LME CASH : 6466 (-140)
LME 3 MTHS : 6502(-135)
INVENTORY : 482,225(-925)
VOLUME : 4,189,400 (-264925)
LME CASH : 6466 (-140)
LME 3 MTHS : 6502(-135)
INVENTORY : 482,225(-925)
VOLUME : 4,189,400 (-264925)
Wednesday, May 19, 2010
LME Copper Daily Summary 19 May 2010
May 19, 2010
LME CASH : 6606 (-115)
LME 3 MTHS : 6637(-115)
INVENTORY : 483,150(+1025)
VOLUME : 4,454,325 (+1486500)
LME CASH : 6606 (-115)
LME 3 MTHS : 6637(-115)
INVENTORY : 483,150(+1025)
VOLUME : 4,454,325 (+1486500)
Tuesday, May 18, 2010
LME Copper Daily Summary 18 May 2010
May 18, 2010
LME CASH : 6721 (-235)
LME 3 MTHS : 6752(-235)
INVENTORY : 484,175(+100)
VOLUME : 2,967,825 (+545375)
LME CASH : 6721 (-235)
LME 3 MTHS : 6752(-235)
INVENTORY : 484,175(+100)
VOLUME : 2,967,825 (+545375)
Friday, May 14, 2010
LME Copper Daily Summary 15 May 2010
May 15, 2010
LME CASH : 6956 (-055)
LME 3 MTHS : 6987(-064)
INVENTORY : 484,075(-1075)
VOLUME : 2,422,450 (-1112650)
LME CASH : 6956 (-055)
LME 3 MTHS : 6987(-064)
INVENTORY : 484,075(-1075)
VOLUME : 2,422,450 (-1112650)
(14/05) Copper Drops on Stronger Dollar, Concern About European Crisis
May 14, 2010
Copper fell in London, paring a weekly climb, on a stronger dollar and on concern that Europe’s sovereign-debt crisis will hamper economic growth.
The U.S. Dollar Index, a six-currency gauge of the greenback’s strength, rose and headed for a fourth straight weekly advance. The crisis is “deepening,” Chinese Premier Wen Jiabao said yesterday, after Portugal said it will raise taxes to help narrow its budget deficit more quickly than planned to fight contagion from Greece’s fiscal woes.
“Metal markets are being largely driven by fluctuations in risk appetite and currency gyrations,” said Daniel Major, an analyst at Royal Bank of Scotland Group Plc in London. “The stronger dollar and a fresh bout of risk aversion are likely to be largely responsible for declines in prices.”
Copper for delivery in three months fell $142, or 2 percent, to $7,018 a metric ton at 10:19 a.m. on the London Metal Exchange, cutting this week’s gain to 1.1 percent. Futures for July delivery dropped 1.5 percent to $3.1815 a pound on the Comex in New York. All of the six main metals traded on the LME retreated, led by nickel.
LME copper has slid 4.8 percent this month on concern that planned austerity steps in Europe may do too little to stem the potential spread of the Greek crisis, possibly slowing the region’s economic recovery. Europe consumes 20 percent of global copper output and 15 percent to 25 percent of aluminum, zinc, nickel and lead production, according to Barclays Capital.
Copper fell in London, paring a weekly climb, on a stronger dollar and on concern that Europe’s sovereign-debt crisis will hamper economic growth.
The U.S. Dollar Index, a six-currency gauge of the greenback’s strength, rose and headed for a fourth straight weekly advance. The crisis is “deepening,” Chinese Premier Wen Jiabao said yesterday, after Portugal said it will raise taxes to help narrow its budget deficit more quickly than planned to fight contagion from Greece’s fiscal woes.
“Metal markets are being largely driven by fluctuations in risk appetite and currency gyrations,” said Daniel Major, an analyst at Royal Bank of Scotland Group Plc in London. “The stronger dollar and a fresh bout of risk aversion are likely to be largely responsible for declines in prices.”
Copper for delivery in three months fell $142, or 2 percent, to $7,018 a metric ton at 10:19 a.m. on the London Metal Exchange, cutting this week’s gain to 1.1 percent. Futures for July delivery dropped 1.5 percent to $3.1815 a pound on the Comex in New York. All of the six main metals traded on the LME retreated, led by nickel.
LME copper has slid 4.8 percent this month on concern that planned austerity steps in Europe may do too little to stem the potential spread of the Greek crisis, possibly slowing the region’s economic recovery. Europe consumes 20 percent of global copper output and 15 percent to 25 percent of aluminum, zinc, nickel and lead production, according to Barclays Capital.
LME Copper Daily Summary 14 May 2010
May 14, 2010
LME CASH : 7011 (-071)
LME 3 MTHS : 7051(-074)
INVENTORY : 485,150(-1225)
VOLUME : 3,535,100 (+368475)
LME CASH : 7011 (-071)
LME 3 MTHS : 7051(-074)
INVENTORY : 485,150(-1225)
VOLUME : 3,535,100 (+368475)
Tuesday, May 11, 2010
LME Copper Daily Summary 12 May 2010
May 12, 2010
LME CASH : 6885(-281)
LME 3 MTHS : 6915(-290)
INVENTORY : 487,450(-1850)
VOLUME : 3,244,975 (+46075)
LME CASH : 6885(-281)
LME 3 MTHS : 6915(-290)
INVENTORY : 487,450(-1850)
VOLUME : 3,244,975 (+46075)
Friday, May 7, 2010
LME Copper Daily Summary 08 May 2010
May 08, 2010
LME CASH : 6872(-073)
LME 3 MTHS : 6920(-079)
INVENTORY : 490,875(-1825)
VOLUME : 3,748,175 (-619900)
LME CASH : 6872(-073)
LME 3 MTHS : 6920(-079)
INVENTORY : 490,875(-1825)
VOLUME : 3,748,175 (-619900)
Thursday, May 6, 2010
LME Copper Daily Summary 07 May 2010
May 07, 2010
LME CASH : 6945(+144)
LME 3 MTHS : 6999(+151)
INVENTORY : 492,700(-575)
VOLUME : 4,368,075 (+862425)
LME CASH : 6945(+144)
LME 3 MTHS : 6999(+151)
INVENTORY : 492,700(-575)
VOLUME : 4,368,075 (+862425)
LME Copper Daily Summary 07 May 2010
May 07, 2010
LME CASH : 6945(+144)
LME 3 MTHS : 6999(+151)
INVENTORY : 492,700(-575)
VOLUME : 4,368,075 (+862425)
LME CASH : 6945(+144)
LME 3 MTHS : 6999(+151)
INVENTORY : 492,700(-575)
VOLUME : 4,368,075 (+862425)
Wednesday, May 5, 2010
LME Copper Daily Summary 06 May 2010
May 06, 2010
LME CASH : 6801(-375)
LME 3 MTHS : 6848(-352)
INVENTORY : 493,275(-3700)
VOLUME : 3,505,650 (+299400)
LME CASH : 6801(-375)
LME 3 MTHS : 6848(-352)
INVENTORY : 493,275(-3700)
VOLUME : 3,505,650 (+299400)
Monday, May 3, 2010
LME Copper Daily Summary 04 May 2010
May 04, 2010
LME CASH : 7365(-030)
LME 3 MTHS : 7396(-034)
INVENTORY : 499,300(-3250)
VOLUME : 2,835,050 (-394025)
LME CASH : 7365(-030)
LME 3 MTHS : 7396(-034)
INVENTORY : 499,300(-3250)
VOLUME : 2,835,050 (-394025)
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