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Copper Rises in London on Speculation China Will Purchase Metal

By Claudia Carpenter Jan. 9 (Bloomberg) — Copper rose in London, erasing this week’s loss, on speculation that China’s State Reserve Bureau, ... . Aluminum inventory in warehouses monitored by the Shanghai Futures Exchange declined 18 percent ... in the UBS Bloomberg CMCI Index of 26 commodities. On the LME, copper inventories jumped 5,875 tons [more...]

Date: 2009-01-09 16:23:59

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China corn futures dip after week of price increases, metals keep rising

Major commodities kept an upward trend on Tuesday, with metals continuing a strong rise ... U.S. dollars a bushel on the latest trading day, equal to about 1,107 yuan a ton. In an effort ... a tonne during the week. May Copper on the Shanghai Futures Exchange rose by the daily limit [more...]

Date: 2009-01-07 16:19:22



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