Since the fourth quarter of 2023, the global copper mining industry has experienced multiple supply disruptions, with recent news of planned production cuts by Chinese smelters intensifying market unease. Supported by expectations of a tight supply,$銅(2407)(HGmain.US)$prices have been fluctuating with an upward trend since the end of October last year, and have recently seen an accelerated increase. Since March, g...
+16.1% 29METALS ($29Metals Ltd(29M.AU)$) - No news, copper price continues to rally and copper stocks with it, short term trend has turned up +14.4% Baby Bunting Group ($Baby Bunting Group Ltd(BBN.AU)$) - Change of Director's Interest Notice - Donna Player (on market purchase ~$18.3k), upgraded to overweight from equal-weight at Morgan Stanley, price target increased to $2.20 from $1.65 +13.6% Peninsula Energy ($Peninsula Energy Ltd(PEN.AU)$) - Company Presentation - March 202...
Copper had a cracking day yesterday on the ASX, as well as global markets. This can be chalked down to the sharp increase in copper prices. According to Bloomberg, one pound of copper was going for roughly US$370 a month ago, US$393 a pound just three days ago, and now US$404.65 a pound as of yesterday. The continual spike in price could be due to the cut down of copper production in China, due to a shortage of raw material. Some copper shares ...
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