Commodity Prices | Forex Trading


Archive for February 29th, 2008

Commodity Prices

Commodity price brief - Yes oil is at $102 barrel and copper is reaching and about to touch $4.00 lb. Many experts feel with the lack of new copper mines coming on-stream and the start-up costs for new mines increasing dramatically is a formula which will continue to put upward pressure on the price of […]

Copper theft wreaking havoc

Business Spectator (Australia), 1:18PM 29-Feb-2008
by AAP
A wave of copper thefts sweeping Australia and the United States is causing havoc as essential services are put at risk.
The surging demand for copper in India and China has pushed the price of scrap copper to $7,500 per tonne in Australia, authorities say, making it a target for increasingly-bold […]