Tag: LME copper trades near record highs amid US stockpiling and tightening global supplies

Copper hovers near record highs around $14,000/t weekly Trafigura-led stock withdrawals tighten LME supply Benchmark copper prices on the London Metal Exchange (LME) remained elevated this week, hovering near the record-high level of $14,000/t during the first half of the week. However, prices eased towards the end of the week, settling at approximately $13,700/t on…