JJCTF News and Press, iPath Bloomberg Copper Subindex Total Return Sub-Index ETN From 07/30/19

Comex copper futures for September delivery -1.1% to $2.6875/lb. after comments from Pres. Trump dimmed hopes for a U.S.-China trade deal anytime soon, and he also accused Beijing of not holding up its end of previous agreements. More news on: Freeport-McMoRan Inc., Teck Resources Lim...

Many market participants look to the copper market as a barometer of the overall health and wellbeing of the global economy. The red metal is an essential building block for infrastructure. The nickname, Doctor Copper, comes from those who believe that the base metal has a Ph.D. in internation...

In this article, we present our chart of the week, which shows the relationship between movements in copper prices and changes in power grid investment in China. As the chart above suggests, the year-on-year changes in power grid investment tend to lead the year-on-year changes in the LME co...

Copper processors feel pretty confident that the construction of all things will continue, whether this economic expansion is becoming long in the tooth or, not. While we measure the data in the Commitments of Traders in traditional ways, we also quantify the actions of the markets’ p...

In this brief note, we present our chart of the week, which shows the relationship between copper prices and Chinese credit dynamics. Source: Bloomberg As the chart above suggests, there is a clear positive co-movement between the year-on-year change in the LME copper price and the Chine...

Investment case The recovery in copper prices should be underpinned by increasingly tight refined market conditions in China. While the Chinese refined copper market loosened somewhat in Q1 on the back of weak demand conditions, it has tightened since Q2 thanks to a refined supply domestic r...

Despite the easing of trade tensions between the U.S. and China, OPEC production cuts and geopolitical tension in the Middle East, oil, base metals and gold prices are being weighed down by fears of worsening economic conditions in major economies. Kim Parlee talks with Bart Melek, Head o...

Copper is a base or nonferrous metal that is the leader of the industrial metals that trade on the London Metals Exchange. While aluminum is the most liquid metal that trades the highest volume, copper is the commodity that the world watches when it comes to analyzing the overall health and we...

Most base metals price rose overnight, led by nickel, which rose as much as 2.1% to $12,970 a ton in London, while Shanghai nickel jumped to 103,160 yuan ($14,985.69) per ton, notching a three-month high. More news on: iPath DJ-UBS Copper Total Return Sub-Index ETN, Invesco DB Base Met...

Freeport McMoRan ( FCX -3.1% ) and other base metal producers fall sharply as copper prices tumble to a three-week low under pressure from a stronger dollar even with trade talks resuming between the U.S. and China, settling -1.2% to $5,822/oz. on the London Metal Exchange after touchi...