Page 5 - Copper Prices

Surplus supply, weak demand from China to hit copper prices

Copper surplus seen at 1,50,000 tonnes, while prices are set to average at $4,850 per tonne, a GFMS study has revealed

Copper down by 0.4% on global cues

Speculators cut down their bets after select base metals weakened in global markets

Copper declines by 0.7% on low demand

However, a firm trend in the base metals pack at the London Metal Exchange (LME), capped the losses

Copper marginally up by 0.1% on global cues

Speculators enlarged bets, largely in step with a firming trend in base metals at the Shanghai Futures Exchange

Copper falls by 0.9% on global cues, low demand

Speculators cut down their positions, tracking a weak trend overseas