TLM 9.09% 10.0¢ talisman mining limited

Copper Highest Level Since Early May

  1. 592 Posts.
    lightbulb Created with Sketch. 24
    Copper Prices Hit Highest Level Since Early May
    July 13, 2016, 02:50:00 PM EDT By Dow Jones Business News

    By Ese Erheriene and Ira Iosebashvili

    Copper prices rose to their highest level in more than two months Wednesday, as strong import data from top consumer China and a soft dollar encouraged demand for the industrial metal.

    Copper for September delivery closed up 1.2% at $2.2240 a pound on the Comex division of the New York Mercantile Exchange, the highest settlement since

    "Overall, the June import data point to solid Chinese commodity demand," analysts at Capital Economics said in a note to clients.

    China accounts for roughly 45% of global copper demand, and as a result, metal prices tend to mirror the country's economic fortunes.

    The WSJ Dollar Index was recently down 0.1% at 86.97, making the dollar-denominated industrial metal cheaper for those holding other currencies to buy.

    Among the other base metals, aluminum closed down 0.2% at $1,673 a metric ton, zinc was down 0.7% at $2,179 a metric ton, nickel was down 1.3% at $10,350 a metric ton, lead was up 0.6% at $1,879 a metric ton and tin was down 0.1% at $ 17,970 a metric ton.
watchlist Created with Sketch. Add TLM (ASX) to my watchlist
(20min delay)
Mkt cap ! $20.52M
Open High Low Value Volume
11.0¢ 11.0¢ 10.0¢ $22.29K 215.2K

Buyers (Bids)

No. Vol. Price($)
1 51546 9.7¢

Sellers (Offers)

Price($) Vol. No.
10.5¢ 100000 2
View Market Depth
Last trade - 15.59pm 03/03/2021 (20 minute delay) ?
-0.010 ( 0.00 %)
Open High Low Volume
10.0¢ 10.0¢ 10.0¢ 4013
Last updated 13.28pm 03/03/2021 (live) ?
TLM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.