1 Day
Source:
المشهد العربي
London Metals Exchange copper prices rise
Copper prices on the London Metal Exchange have recorded gains for four consecutive sessions, approaching the historic level reached last January at $14,527 per ton. This rise is driven by a significant reduction in inventories, which dropped to 106,950 tons—down 11,900 tons—amid concerns over the potential impact of U.S. tariffs on copper imports, leading to a substantial withdrawal of the metal from stocks. Additionally, zinc prices hit their highest level in over four years at $3,907 per ton, with futures contracts continuing to rise.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)