Author: Drishya Yadav
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Copper falls 5% w-o-w as profit booking emerges and LME inventories rise
LME copper at $12,800/t on 6 March, down from $13,500/t on 27 Feb LME inventories jump 31,000 t w-o-w, easing near-term supply tightness Copper prices on the London Metal Exchange (LME) declined over the past week as the market corrected after the sharp rally seen in late February. LME three-month copper was assessed at $12,800/t on…