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Commodity Market News

Copper facing supply threats in 2017

Two worlds’ major copper mines are shut impacting the global copper prices. Freeport’s Grasberg copper concentrate mine in Indonesia have stopped the production ore the export ban rules by the government. The company is currently not producing since the January 2017. Last year, the mine produced 670,000 tonnes of copper […]

China PMI Back To Safe Zone

The Chinese manufacturing PMI clocked 50.4; high last seen in September 2014. Caixin Manufacturing Index also figured above 50 mark consistently for 2 months in a row. This merely erases doubts over Chinese economy, if any. Production and total new orders both rose at slower rates, while export sales continued […]