Breaking News

You are here » Indian-Commodity  :  Commodities  :  Copper  :  Copper futures end almost flat on Tuesday


Copper futures end almost flat on Tuesday

Copper futures ended almost flat on Tuesday as the world's top metal consumer China signaled further stimulus measures to support economic growth and demand while US President Donald Trump raised hopes of reaching a trade deal with Beijing. The National Development and Reform Commission said it aims to achieve 'a good start' in the first quarter, indicating the government is ready to provide further economic stimulus.

Copper futures for March delivery ended little changed at $2.635 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 0.4 percent at $5,920 a tonne.

Related News

View all news

Copper futures end tad higher on strong China trade data

Copper futures ended marginally higher on Thursday after better-than-expected China trade data, while investors awaited the outcome of high-level Sino-US trade talks in Beijing. Unwrought copper imports......

Copper futures end marginally higher on hopes of easing trade tensions

Copper futures ended marginally higher on Wednesday due to signs of an easing in tensions in the US-China trade conflict. US Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday,......

Copper futures end lower on trade talk concerns

Copper futures ended lower on Monday due to continued concerns about US-China trade talks and global growth. China expressed anger on Monday at a US Navy mission through the disputed South China Sea after......

Top News

View all news

Kridhan Infra's arm bags order worth $36 Million

Kridhan Infra's (KIL) Singapore subsidiary -- KH Foges has bagged a new order in Singapore worth $36 Million (Rs 187 Crore). The subsidiary has been contracted to execute Piling Works & Earthworks......

Bharti Airtel upgrades 4G network in Mumbai

Bharti Airtel has upgraded 4G network in Mumbai, with the deployment of 'LTE 900 technology' that will enhance indoor network coverage and improve network experience for customers.With the roll-out of......

Refex Industries to raise Rs 25 crore via Rights Issue

Refex Industries has received approval to raise of funds by way of offer and issue of Equity Shares to the Members of the Company on Rights Issue at such price and rights entitlement ratio for an amount......