Benchmark copper leapt to its highest level in more than eight years on Monday, building on last week’s solid gains driven by expectations of stronger demand and tight supply. Three-month copper on the London Metal Exchange CMCU3 had risen 0.8% to $8,398 a tonne by 0604 GMT, after earlier touching $8,406, its highest since September …
The post Copper hits over 8-year high on strong demand, tight supply outlook first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John