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News


ima-api.org

Copper price pauses below record as China’s imports slump, mine supply heads for first drop since 2017

4+ day, 14+ hour ago   (249+ words) Copper paused just below record territory on Wednesday after four straight sessions of gains carried the metal to all-time highs in New York and London, with the escalating conflict in the Middle East pushing Brent crude back above $100 a barrel…...


ima-api.org

Copper inventories surge 50%, easing LME squeeze

3+ week, 4+ day ago   (479+ words) London Metal Exchange copper inventories have surged by more than 50% in three days, easing fears of an acute supply squeeze and sharply narrowing a key market spread. On-warrant copper stocks rose by 63,000 tonnes between Monday Aug. 17 and Wednesday Aug. 19, with…...