Tag: global copper shortage
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LME base metals gain d-o-d; copper surges on supply disruptions
Copper surges nearly 18% in CY’25 on strong demand China’s private PMI hits fastest growth since March Base metals prices on the London Metal Exchange (LME) saw positive trends d-o-d, with copper increasing by 2.28% to $10,414/tonne (t). Meanwhile, inventories at LME-registered warehouses registered negative movements d-o-d, with zinc recording the highest decline of 1.93%.…