Tag: US copper tariffs
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LME copper prices correct as US tariff delay eases stockpiling pressure
Tight physical supply, strong Chinese demand limit LME price correction Festive buying supports Indian scrap demand despite high price levels Copper prices corrected during the week ended 3 October as uncertainty over US copper tariffs reduced the incentive for further stockpiling into the US. LME three-month copper fell 2.5% w-o-w to $14,259/t from $14,623/t in…