JJCTF News and Press, iPath Bloomberg Copper Subindex Total Return Sub-Index ETN From 03/02/19

Silver is a precious metal that attracts lots of speculative activity. Rallies to the $50 per ounce level in 1980 and 2011 are always reminders that the silver market can double, triple, and halve in value over short periods offering market participants fantastic gains. While huge moves of the...

Copper is a metal that is a building block for infrastructure around the world. Many market participants refer to the red metal as "Doctor Copper" as the price direction of the nonferrous metal often reflects the current state of the global economy. During periods of economic expansion, the pr...

Freeport McMoRan ( FCX +1.4% ) and Southern Copper ( SCCO +1.3% ) extend their string of recent gains as copper prices continue to climb on momentum from the U.S.-China trade talks. More news on: Freeport-McMoRan Inc., Southern Copper Corporation, iPath DJ-UBS Copper Total Return Sub...

Heavy users of copper saw a solid decline in output in January, boding ill for future demand for the metal in coming months. The Global Copper Users PMI Output Index hit a near ten-year low at the start of 2019, indicating a downturn of the scale not seen since the Financial Crisis. This giv...

Copper futures climb 1.6% to $2.92/lb., the highest level since July , aided by optimism on U.S.-China trade talks and a rally in oil. More news on: Freeport-McMoRan Inc., Southern Copper Corporation, iPath DJ-UBS Copper Total Return Sub-Index ETN, Commodities news, Stocks on the move, Ne...

Because of its wide availability and exceptional conductivity, copper is found in everything from consumer products to automobiles to semiconductors. Last year global demand for the red metal stood at 23.6 million tons, and by 2027, it’s projected to reach just under 30 million tons, ...

Freeport McMoRan ( FCX +7.6% ) extends last week's strong gains after Citigroup upgrades shares to Buy from Neutral with a $16 price target and double upgrades Southern Copper ( SCCO +6.5% ) to Buy from Sell, citing a more constructive cooper market backdrop. More news on: Freeport-M...

Glencore ( OTCPK:GLCNF , OTCPK:GLNCY ) plans to cut production at one of its biggest copper and cobalt mining operations, Mutanda Mining Sarl in Congo, WSJ reports, potentially taking a large chunk of two important industrial metals out of circulation. More news on: Glencore Plc, Glen...

The price of copper made some progress on the upside last week as the price rose above the $2.80 per pound level on the nearby COMEX futures contract. Copper started the year with a move to a new low at $2.5430 per pound on January 3 but has been moving higher since that bottom. The price of...

This week, the world waited while trade negotiators from China and the United States huddled in Beijing for high-level talks over the ongoing trade dispute between the two countries. In 2018, the US under President Donald Trump put tariffs on many Chinese exports to the US and China retaliated...