The Copper Monthly Metals Index (MMI) increased 1.2% this month, as copper prices surged to a 28-month high in October. Copper price gains Copper prices reached a 28-month high at $6,901.50/mt on Oct. 22. The price has lost support since, potentially due to surging global coronavirus infections and stalled U.S. stimulus negotiations. Copper is a […]
Tag: copper MMI
Copper MMI: Copper demand outlook shows strength
The Copper Monthly Metals Index (MMI) decreased 1.2% for this month’s value, even as the copper demand outlook shows signs of strength. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be used when sourcing […]
Copper MMI: Copper prices pick up, aided by strong Chinese demand, supply fears
The Copper Monthly Metals Index (MMI) increased 5.1% for this month’s value, as copper prices continue to pick up globally. LME copper prices increased throughout August, trading over $6,500/mt the last few weeks of the month. SHFE prices also increased during the same period, as local demand remained strong and refined production tightened. Want an […]
Copper MMI: Copper prices trend sideways
The Copper Monthly Metals Index (MMI) increased 5.4% for this month’s MMI reading. LME copper prices increased through the first half of July and have traded sideways since mid-July. However, the price remains well above $6,000/mt. Chinese demand remains strong and market sentiment remains positive. Want an occasional email from MetalMiner that highlights new content […]
Copper MMI: Will the copper price continue in its V-shaped recovery?
The Copper Monthly Metals Index (MMI) increased by 8.8% for this month’s MMI reading as copper prices continue to increase globally.
Copper MMI: Copper price rally continues, rises to pre-coronavirus levels
The Copper Monthly Metals Index (MMI) increased 3.0% this month based on an increase in prices globally. LME copper prices continued to increase throughout May. The price finally broke $5,000/mt on June 5, meaning it, along with zinc and lead prices, is back to pre-pandemic levels.
Copper MMI: Copper prices show tentative signs of bounce-back
The Copper Monthly Metals Index (MMI) moved up 4.8% this month.
Copper MMI: Copper price recovery capped by lackluster demand
The Copper Monthly Metals Index (MMI) fell 10% this month. Lower your metal spend. Trial MetalMiner’s monthly metal buying outlook now.
Copper MMI: Mixed price movements hold index sideways
The Copper Monthly Metals Index (MMI) held at a value of 70 this month based on a mix of mild price changes globally. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo LME copper prices traded sideways during most of February, following late January’s […]
Copper MMI: Uncertain demand after coronavirus outbreak reverses copper price gains
The Copper Monthly Metals Index (MMI) dropped six points this month to 70, a new long-term low, although close in value to October 2019’s reading of 71. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. LME copper prices rallied as January progressed then dropped […]
