Author: Drishya Yadav
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LME copper prices touch 2 weeks high w-o-w amid tight supply cues
US cargo diversion tightening non-US spot availability Strong China demand supporting prices above $13,000 Copper futures on the London Metal Exchange (LME) climbed up to $13,340/tonne (t) on 27 February from $12,820/t on 20 February, marking an increase of roughly 4.1% w-o-w. The upward move was largely driven by a combination of tightening near-term availability…