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المشهد العربي
Copper prices rise on LME amid lower stocks
Copper prices are rising in the London Stock Exchange, with the price per ton reaching $13,635.5, an increase of $40.8 or 0.30%. This comes despite a 12.9% decrease in copper stockpiles outside the United States, reaching their lowest level since February 2024. Additionally, Shanghai inventories have fallen to their lowest in a month, while COMEX inventories in the US have reached their highest levels in some time. The price increase is attributed to declining global stocks, despite concerns over slowing economic growth, with expectations of new tariffs on metal imports.
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