LME Copper Rises 0.2% to $14,354.00 a Ton
The three-month LME copper contract rose 0.2% in Asian trade. Tight mine supply and declining Chinese inventories supported prices, while higher-rate expectations and rising LME stocks weighed on the market.
Copper prices rise in Asian trade, with the three-month LME copper contract up 0.2% at $14,354.00 a ton. Prices are supported by tight mine supply and declining Chinese inventories, although expectations of higher interest rates and rising LME stocks continue to weigh on the market, Changjiang Futu…