Chinese Demand for Copper Vanishes After Prices Hit Record [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
NASDAQ:AMEX Investor Relations:
hkexgroup.com/investor-relations?sc_lang=en
Company Research
Source: Yahoo! Finance
Copper on the London Metal Exchange burst through $13,000 a ton for the first time this week, extending its rally to nearly 50% over the past year. A cocktail of bullish factors could drive prices even higher over the short term. While real-world buyers typically take time to adjust to such sharp increases, what's notable in this case is the extent to which industrial users in the biggest market are scaling back purchases. Most Read from Bloomberg NYC Fights Sale of Bankrupt Rentals After Mamdani Blasts Living Conditions We Still Don't Know if Robotaxis Are Safer Than Human Drivers New Design Plans Revealed for White House Ballroom New LA Home Designs, Reimagined By Fire Slowing the Spread of Urban Fires Starts Right Outside the Home “It is surprising how much price rejection is taking place. The Chinese are just not buying copper, it's true,” Kostas Bintas, head of metals at trading giant Mercuria Energy Group Ltd., said in an interview. “But it's finite — at some poin
Show less
Read more
Impact Snapshot
Event Time:
HKXCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HKXCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HKXCY alerts
High impacting HONG KONG EX&CL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
HKXCY
News
- Chinese Demand for Copper Vanishes After Prices Hit Record [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nickel Drops From 19-Month High as Metals Rally Takes Breather [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nickel Drops From 19-Month High as Metals Rally Takes Breather [Yahoo! Finance]Yahoo! Finance
- Copper Extends Rally, Bursting Through $13,000 a Ton [Yahoo! Finance]Yahoo! Finance
- HKICPA supports AFRC's sustainability assurance framework proposal [Yahoo! Finance]Yahoo! Finance