Symbol: COPPER| Contract: Apr, 2014 | Category: Metal
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Copper's Latest News
Big US companies appear to have handed out smaller increases in compensation to their chief executives in 2013 than in 2012, mainly as a result of reduced grants of stock options, according to an early review of annual regulatory filings.
World shares fell for fourth day, but it was copper, often seen as a proxy for China's fortunes, that grabbed the headlines as Shanghai futures fell by their 5 per cent daily limit again and benchmark prices of the metal slumped to their lowest since...
Commodities such as copper and rubber have been commonly used for financing in China, but Beijing's tightening of lending in sectors plagued by overcapacity such as steel has made it harder to secure bank loans, spurring financing demand for iron ore...
Net sales of Hindalco were as up 5.85 per cent in December 2013 quarter due to meagre growth of 3.34 per cent in revenues from copper business, which stood at Rs 4,816.71 crore.
Hindustan Copper Ltd (HCL) on Wednesday reported a 9 per cent dip in its net profit at Rs 69 crore for the third quarter that ended in December 2013, mainly on account of increased expenses.
Asia has long been the fastest growing demand region for the raw materials to power economic growth, but has mostly priced the purchases against benchmarks like Brent crude, London Metal Exchange copper or New York cotton.
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Copper's Latest Videos
Copper division has performed well: Hindalco on quarterly results
Pressure in gold to continue: Kotak Commodities Services
Sell gold for a target of Rs 26,100: Geojit Comtrade
Gold prices can correct further: Motilal Oswal
Copper continues to look weak: Kotak Commodities
Gold prices not likely to go far on the upside: Chirag Kabani
Gold, silver may get cheaper: Dani Investment Services
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