Tag: global copper deficit 2025
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LME base metals prices see positive trends d-o-d; copper surges to 1-year high
Oil prices face sharpest weekly fall since Jun’25 Trump’s tariffs fuel higher US aluminum scrap demand Base metals prices on the London Metal Exchange (LME) saw positive trends d-o-d, with copper increasing by 2.17% to $10,491/tonne (t). Meanwhile, inventories at LME-registered warehouses registered divergent movements d-o-d, with lead recording the highest gain of 6.82%. Domestic…