A little more info on the copper price surge. Re. Trading Economics:
Copper futures surged to over $4.0 per pound, reaching the highest in more than seven months after top Chinese copper smelters agreed to reduce production at unprofitable facilities due to raw material shortages. The decision came as copper concentrate prices plummeted to a decade-low, impacting smelters' profitability. Although no specific production limits were established, each smelter will evaluate operations and make adjustments as needed. Additionally, the meeting addressed potential alternative strategies such as increasing the use of copper blister to decrease reliance on copper ore concentrate in manufacturing processes.
- Forums
- ASX - By Stock
- Ann: Phase 2 Drilling Program commences at Bottletree
A little more info on the copper price surge. Re. Trading...
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $18.01M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $8.501K | 1.035M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1205620 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1562901 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1205620 | 0.008 |
12 | 3519522 | 0.007 |
6 | 5438166 | 0.006 |
3 | 1506009 | 0.005 |
1 | 150000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1562901 | 5 |
0.010 | 2876374 | 8 |
0.011 | 3308757 | 8 |
0.012 | 4015460 | 6 |
0.013 | 2875990 | 8 |
Last trade - 10.41am 22/05/2024 (20 minute delay) ? |
|
|||||
Last
0.9¢ |
  |
Change
0.001 ( 6.25 %) |
|||
Open | High | Low | Volume | ||
0.8¢ | 0.9¢ | 0.8¢ | 260000 | ||
Last updated 10.41am 22/05/2024 ? |
Featured News
SPQ (ASX) Chart |
The Watchlist
ATC
ALTECH BATTERIES LTD
Martin Stein, CFO
Martin Stein
CFO
Previous Video
Next Video
SPONSORED BY The Market Online