Author: Drishya Yadav
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LME copper prices dip w-o-w; rising stocks, US tariffs cloud outlook
Global copper output expected to grow 2.5% in 2025 Chinese Spot TC/RCs plunge on concentrate shortages Copper prices on the London Metal Exchange (LME) slipped 0.6% w-o-w, with the 3-month contract settling around $9,670/tonne (t). This decline was driven by a combination of macroeconomic uncertainties, shifting speculative positions, and evolving market fundamentals. LME inventories climb…