Tag: copper supply squeeze

LME curbs large trades amid shortages Copper supply squeeze threatens production Base metals prices on the London Metal Exchange (LME) saw mixed trends d-o-d, with aluminium increasing by 1.11% to $2,550/tonne (t). Meanwhile, inventories at LME-registered warehouses saw negative trends d-o-d, with copper recording the highest decline of 3.99%. Indian market overview In India’s non-ferrous…