Some already point to signs of some improvement, such as rising premiums for physical copper in key consuming regions.
FORBES: Copper Expected To Languish Over Summer But Pick Up Into Year-End
In 1969, Zambian President Kenneth Kaunda announced nationalization of copper mining companies, key to Zambia's economy contributing over 50 percent of government revenue.
For example, there have been big drops in key industrial commodities like copper and oil.
This, we think, could lead to a correction in key commodities like oil, copper, but even potentially precious metals, where a lot of people have been hiding, like gold and silver.
The key outside markets were bearish for copper Wednesday as the U.S. dollar index was firmer and crude oil prices were weaker.
The key outside markets were bullish for copper Tuesday as the U.S. dollar index was lower and crude oil prices were sharply higher.
FORBES: Comex Gold Rallies Strongly on Bullish Outside Mkts, Greek Debt Deal, Fresh Tech. Buying
The key change was the addition of copper strips to the metamaterial that shields an object from incoming light to create a better material, couple with a slight change in its orientation to solve a problem caused by dividing the metamaterial of the cloaking device into quadrants.
FORBES: Duke Researchers Perfect The Original Invisibility Cloak
The key outside markets were in a bullish posture for copper today, as the U.S. dollar index was weaker and crude oil prices were higher.
Moreover, key proxies for global growth such as the price of copper and oil have established firm price support and have not yet broken through them.
The key outside markets were in a bearish posture for the copper market today as the U.S. dollar index was sharply higher and crude oil prices were lower.
The key outside markets were in a bearish posture for the copper market as the U.S. dollar index was sharply higher and crude oil prices were solidly lower.
FORBES: P.M. Kitco Metals Roundup: Gold Ends Firmer on Short Covering, Bargain Hunting
The report also cited the strong quarterly dividend history at Southern Copper Corp, and favorable long-term multi-year growth rates in key fundamental data points.
While it appears a truism to state that commodity prices are set to continue their bull runs in the first half of 2011, a more precise look coming from one of the most interested parties in the game, Rio Tinto, provides additional support and key insight into risks facing prices for iron ore, coal, copper, and aluminum.
FORBES: Watch Out In Iron Ore, Coal, Copper When Easy Money Policies Are Done, Says Rio Tinto
应用推荐