The Copper Monthly Metal Index (MMI) came in again at 79. Nearly all of the prices in the copper basket fell this month, with price declines in the range of 0.3%–1.9%. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what you need LME copper prices moved sideways during the month and oscillated […]
Tag: copper MMI
Copper MMI: After a Seven-Week Rally, Copper Prices May Have Lost Steam
The Copper Monthly Metals Index (MMI) increased by 3.9% this month, reaching an MMI value of 79. With a seven-week sustained increase in prices, the rally may be over for the metal. Trading volume dropped off in late February and the price moved sideways once again in early March. Need buying strategies for steel? Request […]
Copper MMI: Prices Edge Up As Global Demand Growth Outpaces Supply Growth
The Copper Monthly Metals Index (MMI) hit 76 this month, up 2.7% after a decrease last month — yet it remains in an oscillating pattern that began in the summer of 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME copper prices trended upward this month but were still […]
Copper MMI: Copper Prices Build on Previous Months’ Gains
In December, the Copper Monthly Metals Index (MMI) rose three points, returning to October 2018 levels. Higher LME copper prices drove the index. The current Copper MMI stands at 77 points. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Contrary to other base metals, LME copper prices increased in November. […]
Copper MMI: Lower LME Copper Prices Drive Subindex Drop
In November, the Copper Monthly Metals Index (MMI) fell three points. The index fell back to September levels, driven by lower LME copper prices. The current Copper MMI stands at 74 points. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME copper prices traded lower in October. LME copper prices […]
Copper MMI: LME Copper Prices Breach $6,000/MT
In October, the Copper Monthly Metals Index (MMI) increased four points, recovering to August 2018 levels. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The latest Copper MMI latest increase came from stronger LME copper prices in September. The current Copper MMI stands at 77 points. LME copper prices recovered […]
Copper MMI: LME Copper Prices Continue Slide
In September, the Copper Monthly Metals Index (MMI) fell again by four points. The Copper MMI has continued to slide, mainly driven by weaker LME copper prices in August. The current Copper MMI stands at 73 points. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The recent Copper MMI hit July 2017 levels, […]
Copper MMI: All Eyes on Labor Negotiations at BHP’s Escondida Mine
In August, the Copper Monthly Metals Index (MMI) fell by four points. The Copper MMI has continued to slide, mainly driven by weaker LME copper prices in July. The current Copper MMI stands at 77 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The recent slide in copper prices has […]
Copper MMI: LME Copper Prices Continue Downtrend
In July, the Copper Monthly Metals Index (MMI) fell by three points, falling to its lowest value since October 2017. The Copper MMI currently stands at 81 points. The decrease came as a result of falling LME copper prices as well as other elements that make up the Copper MMI. Need buying strategies for steel? […]
Copper MMI: Copper Trades Sideways as Subindex Stands Pat
The Copper Monthly Metals Index (MMI) held steady in May at 84 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The sideways trend came as a result of a combination of some elements of the metal basket increasing, such as LME copper, and others falling (such as scrap copper prices). […]
