#Copper prices download

The consensus forecast from three leading sources (IMF, World Bank, and the Australian Government) for 2021 is 8,357. 'Potentially, the mobility restrictions will sort of weaken the paths of demand coming back,' he told CNBC's 'Squawk Box Asia' on Tuesday.Ī speedy recovery in demand is not the Swiss investment bank's base case, Kan said. () Copper prices reached an all-time high of 10,512 per metric ton on May 9, marking a 130 growth since March 22, 2020. Federal Reserve hikes interest rates, but said supply issues are likely to keep the market tight and fiscal stimulus measures in China over the next six to 12 months will boost demand.Ĭhinese President Xi Jinping called for an 'all-out' effort to construct infrastructure in April, and Reuters reported that the country will set up a state infrastructure investment fund.īut James Kan, head of Asia basic materials research at UBS, said Covid curbs in China could dampen demand for industrial commodities despite Beijing's plans to stimulate its economy through infrastructure. Small Live Charts To publish the small version of the live charts on your website, click here. This is a change of -16.40 from last month and -20.17 from one year ago.

#Copper prices download

He acknowledged that the copper market's performance depends on how global sentiment changes as the U.S. Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Copper and Copper Alloy Pipe and Tube (WPU10250239) from. Copper Price is at a current level of 7544.81, down from 9024.46 last month and down from 9450.82 one year ago. Three-month copper on the London Metal Exchange was at $7,341 per ton on Thursday morning in Asia, having fallen sharply since early June.Ĭopper actually looks 'relatively promising,' Hynes said.