Nearby copper futures rose to nearly $5.20 per pound on May 20, a new record high. The red nonferrous metal ran out of upside steam, declining below the $4.80 level, leaving many market participants wondering...
The commodity asset class’s base metals sector posted a marginal 0.27% gain in Q1 2023, with tin and copper leading the way on the upside. Three of the six base metals posted gains, while four moved...
The base metals sector includes copper, aluminum, nickel, lead, zinc, and tin, the nonferrous metals that trade on the London Metals Exchange. While the CME’s COMEX division offers a liquid copper futures...
The base metals sector of the commodities market includes copper, aluminum, nickel, lead, zinc, and tin forwards that trade on the London Metals Exchange and copper futures that trade on the CME’s COME...
The base metals sector of the commodities market includes copper, aluminum, nickel, lead, zinc, and tin forwards that trade on the London Metals Exchange and copper futures that trade on the CME’s COME...
Base metals that trade on the London Metals Exchange were the leading sector of the commodity asset class in Q4 2022, posting an over 17% gain. However, the nonferrous metals fell over 6% in 2022.
Copper probed below the $4 per pound level in mid-August, but it did not stay below there for long. At the end of August, copper was looking to challenge short-term technical resistance levels.