• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Copper price back below $9,000 as Chinese demand disappoints

3 years ago
in Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
47
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Sustaining Ghana’s Macro Gains Hinges on Currency Stability, Production and Innovation – Bank of Ghana

24-Hour Economy Secretariat Targets Structural Transformation Through Agri-Corridor Investments And Patient Capital – Dr Ishmael Dodoo

Formalising Informal Sector Critical to Accessing Patient Capital, Boosting Value Addition – CERPA Director

Copper price back below $9,000 as Chinese demand disappoints

The copper price fell on Friday as demand in China remained weak.

Copper for delivery in May on the Comex market in New York touched $3.96 per pound ($8,712 per tonne), down 2.2% compared to Thursday’s closing.

In China, copper inventories continued to increase — albeit at a slower pace than in recent weeks — and import premiums fell again, signaling lackluster demand.

“The frustrating thing for those investors is that they’ve parked their money in copper and the fundamentals haven’t actually changed much,” said Liberum strategist Tom Price.

The dollar also reached a seven-week high, making metals costlier for buyers with other currencies.

Yangshan premiums paid to import copper into China have plunged to $22.50 a tonne from $144.50 in early November.

“What that tells you is that copper consumers (in China) are waiting for prices to fall back before they reengage,” Price said.

He said fundamentals justified a price around $7,000 a tonne but that copper may not fall that low.

Tags: 000 as Chinese demand disappointsCopper price back below $9
No Result
View All Result

Highlights

Ghana Stock Exchange Among World’s Best Performers – Abena Amoah

AGI Calls For Lower Cost of Funding, Energy Stability to Sustain Cedi Gains

Ghana Must Save During Good Times to Withstand Future Shocks – Joe Jackson

Fiscal Restraint, Gold Performance Underpinning Cedi Stability – Prof Asuming Says

MLS Salary Report: Lionel Messi Remains Top Earner as Spending Patterns Emerge

Lionel Messi Calls for Increased Spending in MLS to Foster Growth

Trending

Business

Sustaining Ghana’s Macro Gains Hinges on Currency Stability, Production and Innovation – Bank of Ghana

October 30, 2025

Sustaining Ghana’s Macro Gains Hinges on Currency Stability, Production and Innovation – Bank of Ghana The Bank...

24-Hour Economy Secretariat Targets Structural Transformation Through Agri-Corridor Investments And Patient Capital – Dr Ishmael Dodoo

October 30, 2025

Formalising Informal Sector Critical to Accessing Patient Capital, Boosting Value Addition – CERPA Director

October 30, 2025

Ghana Stock Exchange Among World’s Best Performers – Abena Amoah

October 30, 2025

AGI Calls For Lower Cost of Funding, Energy Stability to Sustain Cedi Gains

October 30, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.