Faster global financial news!
Copper prices hit a new high of $14,694/ton, as Morgan Stanley lowers its global copper mine supply forecast, potentially marking the first annual decline since 2017.
Copper prices on Tuesday (September 8) hit a new record of $14,694 per ton during trading on the London Metal Exchange (LME), closing at $14,673, up 1.5% for the day. Morgan Stanley has lowered its forecast for global copper mine supply growth to flat or even slightly negative. If this materializes, it would mark the first annual decline in global copper mine output since 2017. Chile has lowered its full-year production outlook for the second consecutive quarter, now expecting a 2.6% decrease in annual output.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
1SWAP Token: Project Status, Historical Review, and Market Analysis
-
2
MOOLAH Coin: A BEP20 Token on BNB Chain and Its Trading Guide
-
3
China's Cryptocurrency Regulatory Landscape and the Global Exchange Ecosystem
-
4
DCN (Dentacoin) Value Analysis: Is It Worth Long-Term Investment?
-
5
KENSHI (KNS) Analysis: Web3 Data Platform and Its Trading Status
-
6
Zeus Network (ZEUS) Token Analysis and Trading Status
-
7
IMMO Coin Analysis: What is ImmortalDAO Finance (IMMO) and Where to Trade It
-
8
ELA Coin (Elastos) Status and Historical Review: 2023-2025 Forecasts and Actual Performance
-
9
BNT Coin: Total Supply and Current Status Analysis
-
10
AI build-out faces turmoil as Solidigm pulls IPO, neoclouds slump and credit risks mount
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
