Copper Prices Rise on Tight Mine Supply and Low Inventories
Copper prices are higher in early Asian trading, supported by tight mine supply and low inventories, according to CICC Wealth Futures Research Institute analysts. Elevated prices are weighing on downstream demand, while spot transactions remain subdued.
Copper prices are higher in early Asian trading, with support from tight mine supply and low inventories, analysts at CICC Wealth Futures Research Institute say in a note. Elevated prices are still weighing on downstream demand, while spot-market transactions remain subdued despite sellers…