LME Copper prices might rally into 2022 as Indonesia mulls banning exports. |
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Indonesian President Joko Widodo recently announced that the country might ban the export of copper ore starting in 2023. Most of the country’s copper exports go to China. Copper prices might continue to rally if China’s domestic supply and production falls short of expectations. (12/1/2021) |
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Price Indications |
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Today's Charts |
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AEGIS Insights |
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11/30/2021: Section 232 Tariffs: Most relevant developments (AEGIS Reference) 11/30/2021: Will the Omicron COVID Variant Impact South African Metals Production or Exports? 11/24/2021: AEGIS Factor Matrices: Most important variables affecting metals prices |
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Important Headlines & Economic Data |
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AISI Steel Capability Utilization Rate Investing.com Economic Calendar 11/30/2021: Tin prices gain momentum as Indonesia mulls tin, copper export bans 11/30/2021: Minerals Council South Africa applauds mining industry’s vaccination milestone 11/29/2021: Gold SWOT: Platinum demand from auto sector expected to rise next year 11/29/2021: Iron ore price back above $100 despite Omicron variant fears 11/29/2021: Copper price rises as markets assess Omicron variant impact 11/29/2021: Dow futures rebound by 200 points after Friday’s big sell-off as investors reassess omicron risk 11/26/2021: Copper price sinks as new covid variant spooks markets |
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Important Disclosure: Indicative prices are provided for information purposes only, and do not represent a commitment from AEGIS Hedging Solutions LLC ("Aegis") to assist any client to transact at those prices, or at any price, in the future. Aegis makes no guarantee to the accuracy or completeness of such information. Aegis and/or its trading principals do not offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program.
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