Author: Drishya Yadav

  • LME copper falls below $12,000/t-mark

    LME copper falls below $12,000/t-mark

    High inventories, strong output, dollar strength pile pressure on prices Tight concentrate supply, demand recovery may support prices Copper prices on the London Metal Exchange (LME) witnessed a sharp correction over the past week, with the three-month contract falling by nearly $1,000/t w-o-w to settle at $11,930/t on 20 March, compared to around $12,900/t on…