Copper Dec 21 (HG=F)
| Pre. Settlement | N/A |
| Settlement date | 2021-12-29 |
| Open | 4.7305 |
| Bid | 4.7130 |
| Last price | 4.7295 |
| Day's range | 4.6855 - 4.8230 |
| Volume | 72,747 |
| Ask | 4.7135 |
- Motley Fool
Why Copper Stock Freeport-McMoRan Sizzled This Week
Freeport-McMoRan (NYSE: FCX) shares were on fire this week, popping 14.3%, according to data from S&P Global Market Intelligence. A torrid run in metal prices has sparked strong investor interest in the copper stock ahead of the company's quarterly earnings release. The biggest trigger for this stunning price surge is tight global supply, with copper inventories at the London Metal Exchange (LME) tumbling to levels last seen in 1974.
- Bloomberg
Global Copper Inventories Are Getting Critically Low
(Bloomberg) -- Copper inventories available on the London Metal Exchange hit the lowest since 1974, in a dramatic escalation of a squeeze on global supplies that sent spreads spiking and helped drive prices back above $10,000 a ton.Most Read from BloombergOut-of-Practice Airline Pilots Are Making Errors Back in the AirWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverThe Biggest Public Graveyard in the U.S. Is Becoming a ParkThe World’s Rich and Powerful Are Stashing $500
