• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    LME Copper Price Dips to $6,083 per Tonne

    Teresa Matich
    May. 27, 2015 10:42AM PST
    Base Metals Investing

    The price of LME copper fell on Wednesday as the metal succumbed to the same economic pressures that pushed down the price of other commodity metals.

    The price of copper fell on Wednesday as the metal succumbed to the same economic pressures that pushed down the price of other commodity metals. Reuters reported that LME copper fell 0.4 percent to $6,083 a tonne.

    Despite a lower-than-expected global supply of copper, concerns about demand still weigh on the metal. The weak economic forecast in China, the world’s largest copper consumer, is particularly troubling.

    “Even if you get some early signs which show you some improvement … the macro story in China doesn’t look good,” said UBS Wealth Management Analyst Dominic Schnider.

    Comex copper for July notched up slightly to $2.78 a pound, according to MarketWatch.

    chinacomex copperlme coppercopper investing
    The Conversation (0)
    Go Deeper
    AI Powered

    Copper Price Today: LME Copper Rises to $6,000 per Tonne

    Copper up 1.2% to $7,455 a Tonne

    Latest News

    Metals & Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

    Music Well Heritage Protection Agreement Signed

    Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

    HyProMag USA Enters Into Agreement with Global Electronics Recycler, Intelligent Lifecycle Solutions, for Feedstock Supply and Pre-Processing Site Share in South Carolina and Nevada

    FPX Nickel Provides Update on Normal Course Issuer Bid

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Blackstone Minerals

     
    BSX:AU

    Osisko Metals: Pure Potential

     
    OM:CA

    Los Andes Copper

     
    LA:CA

    Questcorp Mining

     
    QQQ:CC

    Cygnus Metals

     
    CYG:CC

    Redstone Resources

     
    RDS:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×