Tag: copper mine supply
-
LME copper prices rise w-o-w as concentrate supply tightens, refined surplus narrows
Firm Chinese demand, supply tightness expectations support LME uptick Record-low treatment charges highlight concentrate supply constraints Copper prices continued to strengthen this week, supported by tightening physical availability in China and concerns over global mine supply. LME three-month copper traded around $14,623/t on 25 September, compared with $14,522/t a week earlier, up 0.7% w-o-w. Falling…