Author: Drishya Yadav
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LME copper gains 3% w-o-w, inches closer to psychological threshold of $12,000/t
Copper firms on supply tightness, LME stocks stable Elevated prices slow down physical trades LME copper prices registered a strong w-o-w gain of around 3%, with the three-month contract rising to $11,870/t on 19 December from $11,515/t on 12 December, supported by tightening supply expectations, while still holding well above historical averages. LME copper stocks…