Jefferies analyst Matthew Murphy lowered the firm’s price target on Ero Copper (ERO) to C$29 from C$33 and keeps a Buy rating on the shares.

Due to a tight supply and demand situation, copper saw impressive gains through the middle of 2024, even breaking the US$5 per pound mark in May. However, the price gains weren’t to last, and by the ...

During the day, the SHFE/LME price ratio for the SHFE copper 2502 contract was around -430 yuan/mt, LME copper 3M-Feb was at C$56.31/mt, and the January 2501 to February 2502 spread was around C$47/mt ...

Guangdong inventory has significantly declined for three consecutive days, mainly due to limited arrivals. As inventory has already reached a historical low, spot premiums continued to rise despite ...

Copper futures on the Multi Commodity Exchange climbed 0.44% to Rs 821 per kg due to increased spot demand and bullish bets by traders.

Copper prices performed strongly in 2024, even breaking the $5 per pound barrier in May. However, this upward momentum did ...

Base metals rose, with reports that Donald Trump will limit tariff increases to so-called critical goods causing copper prices to spike, before falling following his denial of the claims.

Uranium prices are set for a recovery in 2025 after a largely disappointing last year which saw spot prices fall to $73 per ...

Gold futures rose, beginning the new year on a positive note, as investors await fresh catalysts to decide the direction of precious metals.

The all-time low benchmark treatment charges of $21.25/t (the benchmark was $80/t last year and spot ... the copper uber bulls of the last few years, took a chainsaw to its price forecast but ...

Copper prices ended 2024 up 7.66% from 2023 despite ... over their primary cash counterparts for several metals, indicating spot demand was simply not keeping up with future expectations.

Copper futures on the Multi Commodity Exchange gained 0.14% to Rs 800.75 per kg due to increased spot demand. Analysts attribute the rise to increased bets by participants.