Global copper smelters are facing a crisis as China's rapid buildup of processing capacity undermines profitability across the sector, according to Reuters.
Global copper smelters are facing a crisis as China's rapid buildup of processing capacity undermines profitability across the sector, according to Reuters.
A decrease of the indicator value may contribute to the fall in quotes of AUD.
An increase of the indicator value may contribute to the fall in quotes of Heating Oil.
An increase of the indicator value may contribute to the fall in quotes of Gasoline.
A decrease of the indicator value may contribute to the fall in quotes of Gasoline.
A decrease of the indicator value may contribute to the fall in quotes of CAD.
A decrease of the indicator value may contribute to the fall in quotes of Gasoline, WTI, Brent.
In recent days, the London Metal Exchange is showing signs of emerging copper deficit. This is indicated by a surge in premiums on contracts of the metal with immediate delivery compared to contracts for a later date.
According to Reuters, Australian retail sales growth remained nearly flat in May, marking the fourth consecutive month of sluggish performance. While clothing purchases increased, they were offset by a decline in food sales.
A decrease of the indicator value may contribute to the fall in quotes of Gasoline, WTI, Brent.
An increase of the indicator value may contribute to the rise in quotes of AUD.