Author: Drishya Yadav
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LME copper prices continue to rise, gain over 3% w-o-w
High inventories, mine operational challenges support LME prices Major producer cuts 2026 output forecast reinforcing supply concerns LME copper prices extended gains into the first week of January, with the three-month contract rising 3.5% w-o-w, climbing from $12,040/t on 26 December 2025 to $12,460/t on 2 January. This builds on the strong rally witnessed through…