Copper Rises on Supply Concerns, but Weekly Fall Looms
Copper prices saw a modest increase on Friday, driven by supply-related concerns. However, the metal was still on track for its worst weekly decline since late April, influenced by the strength of the US dollar.
Copper recovered from Thursday’s lows on Friday, helped by supply concerns, though it was still headed for its sharpest weekly decline since late April. Benchmark three-month copper LME:CA1! 5 a metric ton by 0720 GMT. That marked a dec…