Tag: ICSG copper surplus

  • LME copper gains w-o-w on global supply concerns

    LME copper gains w-o-w on global supply concerns

    Tight stocks offset improvements in Peruvian mine supply LME inventories drop by more than 20% since end of May’26 LME copper traded firm in the week ended 24 July 2026 as tight inventories outweighed the relief from improving Peruvian mine supply. LME three-month copper rose about 1.1% w-o-w to around $13,600/tonne (t), supported by continued…