Tag: LME copper remains resilient on tight supply and firm Chinese demand

Chinese copper imports rise amid strong demand HCL restarts Kendadih mine to boost supply Benchmark copper prices on the London Metal Exchange (LME) traded in a relatively narrow range this week, fluctuating between $13,500/t and $13,700/t and settling at approximately $13,600/t. The market spent this week digesting May’s rally rather than reversing it. The inability…