Copper prices rose on Tuesday, buoyed by decades-low supplies and an extreme shortage of readily available metal in exchange warehouses. Three-month copper on the London Metal Exchange CMCU3 rose 1.3% to $10,325 a tonne by 0531 GMT, while the most-traded November copper contract on the Shanghai Futures Exchange SCFcv1 was almost unchanged at 75,620 yuan …
The post Copper rises as inventories plunge to decades-low first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/copper-rises-as-inventories-plunge-to-decades-low/