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Commodities Corner: Copper prices may still have more to lose, even after touching a nearly 3-year low

An economic slowdown in China following the spread of the new coronavirus, and the potential loss of demand for copper, pulled prices for the industrial metal to its lowest in almost three years. Some analysts say the worst may be yet to come......»»

Category: topSource: marketwatchFeb 7th, 2020

Commodities Corner: Long-term bull run for copper could see prices top $10 a pound: analyst

Copper has shown promise in recent weeks, and the long-term outlook is bright, as global demand gradually strengthens. One analyst sees the long-term potential for prices to triple......»»

Category: topSource: marketwatchJun 8th, 2018

Commodities Corner: Copper prices could top $10 a pound — and this is why

Copper has shown promise in recent weeks, and the long-term outlook is bright, as global demand gradually strengthens. One analyst sees the long-term potential for prices to triple......»»

Category: topSource: marketwatchJun 9th, 2018

Futures Movers: Oil prices post highest finish in over 2 years on demand optimism

Oil futures climb on Monday to post their highest finish in more than two years, as signs of a demand recovery in the U.S. and Europe feed optimism over the outlook for energy demand, despite a round of weaker-than-expected economic data from China......»»

Category: topSource: marketwatchMay 17th, 2021

Commodities Corner: Why so many commodities, including lumber and iron ore, have climbed to record highs

The commodities that help build an economy have rallied, with lumber, copper, and iron ore reaching record prices in recent weeks --- and demand looks set to continue......»»

Category: topSource: marketwatchMay 13th, 2021

Commodities Corner: Electric vehicle market growth is a blessing for some metals — and not a big worry for oil

Growth in the electric-vehicle market has been a blessing for metals like copper and lithium. It has also raised concerns about the long-term outlook for oil demand that some analysts say aren’t justified......»»

Category: topSource: marketwatchMay 6th, 2021

Commodities Corner: Iron-ore prices hit record high with appetite for steel ‘far beyond expectations’

Iron ore logs its highest price on record Thursday, buoyed by an insatiable demand for steel in China......»»

Category: topSource: marketwatchMay 6th, 2021

Futures Movers: Oil prices get a lift from China data as OPEC report suggests an uptick in demand

Crude-oil futures trade higher on Tuesday after a report on Chinese international trade provided further evidence that an economic rebound was taking hold in one of the biggest importers of crude and global commodities......»»

Category: topSource: marketwatchApr 13th, 2021

Commodities Corner: Cocoa logs lowest finish since November; coffee loses over 3%

Cocoa and coffee futures suffer declines of more than 3% on Tuesday, with concerns surrounding demand for the commodities sending prices for cocoa to their lowest settlement since early November......»»

Category: topSource: marketwatchMar 30th, 2021

Commodities Corner: Why copper just scored its biggest monthly gain since 2016

Copper prices score their largest monthly gain in over four years on Friday, as traders bet that a recovery in the pandemic-hit global economy will lead to a significant rise in demand for the industrial metal......»»

Category: topSource: marketwatchFeb 26th, 2021

Commodities Corner: U.S. deep freeze prompts natural-gas rally, and uranium prices melt up

Winter storms in parts of the south and central U.S. have led to a surge in the need for power, rallying prices for natural gas as traders look toward a rise in nuclear power demand and consumption of uranium......»»

Category: topSource: marketwatchFeb 16th, 2021

Commodities Corner: Gold settles with a loss in January, but upbeat outlook remains intact

Gold started the new year on a sour note, with prices settling lower for the first month of 2021. But many analysts are confident that the longer-term outlook remains promising for the precious metal......»»

Category: topSource: marketwatchJan 29th, 2021

Commodities Corner: Gold is set for a January loss, but upbeat outlook remains intact

Gold started the new year on a sour note, with prices trading lower for the first month of 2021. But many analysts are confident that the longer-term outlook remains promising for the precious metal......»»

Category: topSource: marketwatchJan 28th, 2021

Commodities ETFs outperform as demand grows

Exchange-traded funds linked to commodities rallied on Thursday as investors bet stronger economic growth would continue to drive prices for raw goods and materials higher. The First Trust Tactical Commodity Strategy Fund was 0.6% .....»»

Category: topSource: marketwatchJan 14th, 2021

Commodities Corner: Coronavirus pandemic knocks palladium and rhodium off the rally track

Record prices for palladium and rhodium have come to a screeching halt. The coronavirus pandemic slammed demand for the two rare metals, which are both used for car parts, thanks to plunging vehicle sales......»»

Category: topSource: marketwatchApr 24th, 2020

Commodities Corner: Sinking oil demand, drop in prices put U.S. fracking activity on track for a record monthly decline: report

Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions......»»

Category: topSource: marketwatchApr 23rd, 2020

Commodities Corner: The oil market is running out of storage space and production cuts loom

The world is rapidly running out of space to store crude oil and producers may finally have to admit defeat and cut output after prices fell below zero this week with supply overwhelming demand as economies slump in the wake of the coronavirus pandemic......»»

Category: topSource: marketwatchApr 21st, 2020

Commodities Corner: U.S. gasoline prices drop to more than 10-year lows in some states

Some U.S. states have seen gasoline prices at the pump drop to their lowest levels in more than a decade as travel restrictions aimed to stem the spread of the coronavirus pandemic continue to hurt demand for fuel......»»

Category: topSource: marketwatchApr 17th, 2020

Commodities Corner: Corn prices fall back to 2016 levels as COVID-19 lockdowns cut ethanol demand

Corn prices could drop to their lowest levels in more than a decade as coronavirus-related weakness in demand for gasoline pushes the cost of ethanol toward record lows......»»

Category: topSource: marketwatchApr 3rd, 2020

Commodities Corner: Natural-gas futures touch their lowest level in 25 years, but still outperform oil

Natural-gas prices have dropped to their lowest level in a quarter-century, but they have managed to outperform oil against a backdrop of declining demand fed by efforts to slow the spread of COVID-19......»»

Category: topSource: marketwatchMar 27th, 2020