Tag: supply constraints support copper prices

Codelco reduces 2025 copper production guidance European demand, EV growth support copper outlook Base metals prices on the London Metal Exchange (LME) inched down d-o-d, with copper decreasing by 1.76% to $10,664/tonne (t). Meanwhile, inventories at LME-registered warehouses registered mixed movements, with lead recording the highest decline of 1.97%. Domestic market overview In India’s non-ferrous…