Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Commodities  >  LME Copper Cash       

LME COPPER CASH

SummaryChartsNews 
SummaryMost relevantAll NewsMarketScreener Strategies

Copper dips as dollar firms, but set for weekly rise

10/22/2020 | 09:38pm EST

Oct 23 (Reuters) - London copper prices fell on Friday as a stronger U.S. dollar made greenback-priced metals more expensive for buyers using other currencies.

Three-month copper on the London Metal Exchange fell 0.3% to $6,902 a tonne by 0124 GMT.

But the contract has risen 2.4% so far this week, underpinned by hopes for U.S. fiscal stimulus and supply disruptions in Chile.

The most-traded November copper contract on the Shanghai Futures Exchange declined 0.6% to 52,070 yuan ($7,792.46) a tonne.

The dollar edged higher early in the Asia session as traders awaited the final U.S. presidential debate.

FUNDAMENTALS

* LME nickel eased 0.3% to $15,765 a tonne, zinc decreased 0.5% to $2,567 a tonne, lead dropped 1% to $1,793.50 a tonne while ShFE nickel declined 0.5% to 119,700 yuan a tonne and tin fell 0.8% to 146,020 yuan a tonne.

* For the top stories in metals and other news, click or

MARKETS NEWS

* Asian stocks were set for cautious gains after positive U.S. economic data and signs of progress in stimulus talks in Washington lifted Wall Street benchmarks.

DATA/EVENTS (GMT)

0600 UK Retail Sales MM, YY Sept

0600 UK Retail Sales Ex-Fuel MM Sept

0715 France Markit Mfg, Serv, Comp Flash PMI Oct

0730 Germany Markit Mfg, Serv, Comp Flash PMI Oct

0800 EU Markit Mfg, Serv, Comp Flash PMI Oct

0830 UK Flash Mfg, Serv, Comp Flash PMI Oct

1345 US Markit Mfg, Serv, Comp Flash PMI Oct

PRICES

Three month LME copper

Most active ShFE copper

Three month LME aluminium

Most active ShFE aluminium

Three month LME zinc

Most active ShFE zinc

Three month LME lead

Most active ShFE lead

Three month LME nickel

Most active ShFE nickel

Three month LME tin

Most active ShFE tin

ARBS ($1 = 6.6821 yuan) (Reporting by Mai Nguyen; Editing by Aditya Soni)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.04% 6.5611 Delayed Quote.-5.54%
All news about LME COPPER CASH
12:17aCopper marches towards 7-year high as vaccine hopes lift sentiment
RE
11/25Copper heads towards 7-year high on vaccine hopes
RE
11/25Pebble Mine Proposal in Alaska Rejected Over Environmental Concerns -- 3rd Up..
DJ
11/25Pebble Mine Proposal in Alaska Rejected Over Environmental Concerns -- nd Upd..
DJ
11/25China cuts imports of Australian copper concentrate by more than half in Octo..
RE
11/25Copper near 7-year high as vaccine, U.S. political stability boost sentiment
RE
11/24Copper near 7-year high on Biden transition, vaccine hopes, low China stocks
RE
11/23London copper gains ground on virus vaccine, demand hopes
RE
11/23Copper falls from 29-month high but vaccine good news keeps coming
RE
11/23Copper falls from 29-month high but vaccine good news keeps coming
RE
More news
Chart LME COPPER CASH
Duration : Period :
LME Copper Cash Technical Analysis Chart | MarketScreener