Commodity Prices | Forex Trading


Resources price downturn tempered by China

The Australian (Sydney) 21-Aug-2008
Resources downturn tempered by China
by Patrick Barta
COMMODITY prices have fallen sharply lately, but don’t count on a market rout.
China, the world’s biggest source of new resource demand, is still primed to swallow massive helpings of iron ore, coal, oil and other raw materials after the end of the Olympics. And supplies of […]

Copper Due For Super-Spike As Bulk Commodities Boom

Dow Jones Newswires, 19:36 ET (23:36 GMT) 09-Apr-2008
By Elisabeth Behrmann Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)–Soaring prices for bulk commodities could mean that the copper market is due another leg-up, with some forecasting a “super-spike” in the metal to a record $11,000 a metric ton.
Market bulls argue that the recent hikes in contract prices for […]

Copper Demand Will Grow at 4% for a Decade, Rio Says

Bloomberg, 01:28 (New York) 09-Apr-2008
By Rebecca Keenan
April 9 (Bloomberg) — Rio Tinto Group, the world’s third- largest mining company, said global demand for copper will grow 4 percent a year for a decade or more led by sales to China.
“That 4 percent growth can be sustained for at least a decade or even a generation,” […]

China Copper Ore Imports to Rise 20%, Trafigura Says

Bloomberg, 04:14 (New York) 09-Apr-2008
By Jae Hur
April 9 (Bloomberg) — China, the world’s biggest copper consumer, may increase imports of ore used to make the metal by 20 percent to a record this year, said Trafigura Beheer BV, the country’s top supplier.
Purchases of so-called concentrate, or processed ore containing copper, may rise to 5.4 million […]