Copper prices may have peaked sooner than expected

2 hours ago

HomeMarket NewsCopper prices may have peaked sooner than expected

The fall in copper price was expected, not the timing and pace. Despite its vital role in the world's digital transition, near-term prices may remain volatile.

Sobering projections had started to trickle in by late January, even before copper prices hit a record high of $14,527.50 per tonne on January 29. However, the trigger for the fall has been different from the one the market feared.

Continue Reading with
CNBC-TV18 Access Membership

Priority Access and Networking: CNBC-TV18's flagship events

Interaction with CNBC-TV18's journalists

Webinars & LIVE Q&As with India Inc. Leaders

Exclusive CNBC-TV18 studio & newsroom tours

Premium business insights, expert opinions & analysis

Curated lifestyle privileges & offers

Read Full Article at Source

Copper prices may have peaked sooner than expected

The fall in copper price was expected, not the timing and pace. Despite its vital role in the world's digital transition, near-term prices may remain volatile.

Continue Reading with
CNBC-TV18 Access Membership

Related

Zomato raises platform fee to ₹14.90 per order; up nearly 20%

HPCL hikes premium petrol prices by ₹2/litre in Delhi, sources say

Sensex Today | Stock Market LIVE Updates: Nifty turns negative for the week after nearly 300-point drop from highs

Gold and silver prices in India: What caused the recent volatility and rebound

Explained — The biggest factor why Vodafone Idea shares are up 5% on Friday

Sensex Today | Stock Market LIVE Updates: Nifty trades above 23,300; Indian Rupee at record low of $93.37

Laurus Labs set for 30% upside; shares gain 4% on Motilal Oswal ‘buy’ call

Sensex Today | Stock Market LIVE Updates: Nifty rises 250 points; First Cry extends gains to 20%

Sensex Today | Stock Market LIVE Updates: Nifty back at 23,200 again; Tata Power at 52-wk high