Tag: global copper supply squeeze
-
LME base metals futures rise d-o-d; India’s copper output hit as Adani plant struggles with severe ore shortage
Indian copper armature scrap prices gain d-o-d Oil prices edge lower on fears of 2026 oversupply Base metals prices on the London Metal Exchange (LME) showed positive trends d-o-d, with nickel increasing by 1.69% to $14,699/tonne (t). Meanwhile, inventories at LME-registered warehouses witnessed positive movements, with lead recording the highest gain of 0.92%. Domestic market…