COPPER Markets Get Hit Hard

Article Abstract:

The world copper market is suffering from declining prices resulting from oversupply and weather-related problems. The number of industrial nations producing copper is increasing and as a result, stocks are high and are still increasing. The bitter cold in the High Plains and Northeastern corridor slowed down scrap collection efforts which may have been beneficial because it lessened supply in the market. The outlook for the market remains unfavorable because of low base prices and inadequate spreads.

Market information - general, Primary Smelting and Refining of Copper, Primary Copper, Copper (Metal)

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Computers and the Kremlin

Article Abstract:

Prices of palladium are increasing sharply, reaching $720 per ounce in Mar 2000 before falling to $565 in April. The palladium market is being driven by the recycling of the metal by the electronics industries and the output of Russian mines. Market analysts predict that palladium prices will stay at its current levels or even increase if the Russians keep on delaying delivery of the metal. An analysis of the price trends of other precious metals such as platinum, gold and silver is presented.

Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), Palladium, Precious metal products

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Hit the throttle

Article Abstract:

Copper hovered in the 70-cent region during late 2000 but analysts say things will improve once the price rises to 80 cents. Kent Vonberg, head of the nonferrous division at River Metals, expects copper to hit a low of 65 to 68 cents during Jan 2001. Vonberg believes the market will improve during the succeeding months. China remained a big factor in the market in 2000, and will continue to do so during 2001. The rest of Asia will also remain a major market for US copper scrap.

United States, Recyclable Material Wholesalers, Copper Scrap, Copper, Scrap dealers

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