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Palladium

Weekly Commodities Wrap

Copper:  Codelco Chairman Warns Against Rally Copper prices rallied for their fourth consecutive week this week, trading back up to levels not seen since mid-2014 and has risen nearly 50% against its price at this same time last year.…

Weekly Commodities Wrap

Copper: Red Metals Recovery Continues on Weak Dollar The red metal printed its second consecutive positive week benefiting from a weaker US Dollar. The greenback drifted lower over the week as a number of factors combined to weigh on the…

Weekly Commodities Wrap

Copper: The Red Metal Continues To Consolidate Amid Lack of Directional Drivers Copper prices consolidated for a second consecutive week amid a lack of directional drivers during quiet summer markets.  The red metal was slightly firmer…

Weekly Commodities Wrap

Copper: Weak Manufacturing Data Weighs on Red Metal Copper prices were initially soft again this week as markets fluctuated ahead of two major risk events: the ECB June meeting and the UK elections. Following the China credit downgrade by…

Weekly Commodities Wrap

Copper: Supply Disruptions Worsen Copper prices surged higher this week fuelled by yet further supply disruptions. The continuing strikes at BHP Billiton’s Escondida in Chile and Freeport’s Grasberg mine in Indonesia are weighing heavily…