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The price of nickel rose to highs in 2019 as the world's leading producing nation, Indonesia, moved forward its mineral export ban of the metal to January 1, 2020. Source: Nickel production top countries 2019 - Statista While Indonesian output leads the world, the Philippines is the ...
All eyes remain on China these days. The economy of the world's most populous nation with the second-leading GDP began to run into problems five years ago. In late 2015 and early 2016, the slowdown in Chinese economic growth weighed in markets across all asset classes. Since China is the top c...
Original Post By Stuart Burns It probably had to happen at some stage. As we wrote recently , it isn't the coronavirus epidemic as much as the response to it that is causing a collapse in supply chains. The decision to shut down roads and quarantine cities across China has caused de...
Original Post By Stuart Burns As my colleague Fouad Egbaria reported earlier this week, copper prices have been on a slide. Reuters also reported this week that copper on the LME traded down 0.1% at $5,634 a ton in official rings today as sentiment slides for a quick recovery in ...
About JJCTF iPath Bloomberg Copper Subindex Total Return ETN is an exchange-traded note issued in the USA. The Note will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the underlying index, the Bloomberg Copper Total Return S...
Copper is a bellwether industrial metal. The red metal is a critical ingredient when it comes to infrastructure building around the world. Economic growth in China, the world's most populous nation, is a dominant factor when it comes to the path of least resistance of the price of copper and o...
Freeport McMoRan (NYSE: FCX ) -4.3% pre-market as copper prices tumble to their weakest levels in nearly eight weeks on demand worries due to the spreading Chinese coronavirus. More news on: Freeport-McMoRan Inc., Alcoa Corporation, United States Steel Corporation, Commodities news, St...
Many market participants believe that copper is the commodity that diagnoses the health and wellbeing of the global economy. Copper is an industrial metal and a building block of infrastructure around the globe. These days, since China is the world's most populous nation with the second-lead...
Copper closed its worst streak of losses since mid-2018 amid mounting concerns that the spreading deadly coronavirus could hurt global economic growth. More news on: Freeport-McMoRan Inc., Rio Tinto Group, BHP Group, Commodities news, Stocks on the move, News on ETFs, Read more ...
Commodity traders spooked by the spread of the China coronavirus and the potential for a slowdown in global economic growth sent front-month Nymex copper futures -1.5% to $2.726/lb. today, marking a sixth consecutive decline that marks the longest losing streak since July 2018. More ne...