Tag: LME Copper
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LME copper prices rise 2.8% despite steady inventories
Copper prices rose w-o-w without inventory draw support LME stocks stayed stable around 141,075 t LME copper prices recorded significant week-on-week increase in early January, with the three-month contract rising 2.8% to $12,850/t on 9 January from $12,500/t on 2 January. The price increase came despite LME copper stocks standing at 141,075 tonnes, a level…