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COPPER PLUMMETS
Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...- Tata Steel, Vedanta, Hindustan Copper fall up to 8% as Iran-Israel war hits metals' prospectsTata Steel plunged 8% to Rs 194.43 amid a broader commodities selloff and sharp decline in metal stocks. Escalating Iran–Israel tensions, s...
- Global Markets | Australian shares hit record high on earnings optimism; banks, miners lead broad rallyAustralian shares reached an all-time peak on Thursday. Strong company earnings fueled widespread gains. Banks and miners led the advance. ...
- Hindustan Copper shares plummet nearly 20% as global copper prices slideHindustan Copper shares: A sharp 3.4% drop in global copper prices on the LME has dampened sentiment across metal stocks, raising concerns ...
- Learn with ETMarkets: Know how to trade copper contracts using Bollinger Band?The demand for copper copper’s conductivity and durability make it indispensable for electrical systems, wind turbines, and solar power gen...
- Adani Group's $1.2-bn copper plant to boost India's metal productionThe Gautam Adani-led group is constructing the world's largest single-location copper manufacturing plant in Gujarat, India. The $1.2 billi...
- Adani's $1.1 bn copper project to start operations from Mar 2024Billionaire Gautam Adani-led group's copper-producing factory at Mundra in Gujarat will start operations from March next year, helping cut ...
- Metals haven't crashed this hard since the great recessionFor a metal like copper, its uses in everything from heavy industrial machinery to advanced electronics mean the market is tightly linked t...
- The week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 yearThe Nifty50 and BSE Sensex indices fell over 1 per cent each for the week as some investors saw the opportunity to take some profits.
- London copper climbs as dollar weakens after Fed rate cutThe most-active copper contract on the ShFE closed 0.8 per cent lower at 45,090 yuan ($6,500.30) a tonne.
- Commodity outlook: Gold has support at $1,450; buy copper on dipsMCX Gold has support at Rs.37450 – 37300 whereas resistance is at Rs.37780 – 37940.
- Commodity outlook: How oil, gold, base metals may trade in Monday's sessionHere is an outlook on various commodities by brokerage Motilal Oswal Securities for today
- Metals slide 1% ahead of China PMI dataThe official September PMI reading will be reported on Saturday, which is expected at 50.5 as against 50.4 in August, said an expert.
- Why are base metal prices crashing again after clear signs of recuperationGlobal concerns over demand outlook and volatility in dollar influenced the base metal prices broadly. Domestic futures prices, too, mirror...
- Engineering exports to 19 nations dip sharply: EEPCEngineering Export Promotion Council (EEPC) said that decline in the growth of exports to key destinations has fallen by more than 50 per c...
- Copper plummets most in 5 weeks on stimulus slowdownCopper for delivery in three months fell 1.7% to $7,123 a metric tonne on the London Metal Exchange.
- Moody's say restructuring "mild positive" for VedantaGlobal rating agency Moody's today said Vedanta's restructuring is "mild positive" for the metal and mining conglomerate as its debt burden...
- Gold loses pricey tag, futures exchange Comex raises margins on gold and silver.Precious metals slide as investors across globe sell them to cover losses in other assets
- Chile vows $850 mn for exporters, small businessChile's government pledged Monday to funnel US$850 million from its annual budget surplus to a state development agency that will help expo...
- Coffee and a crore: Just do pest controlCoffee Board is considering announcing an award of a crore of rupees or more to the scientist who comes up with the most effective solution...
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