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Copper Prices Retreat as Inventories Shift and Technicals Signal Weakness

Summary by The Rio Times
Copper prices retreated in the last 24 hours, with official data showing London Metal Exchange (LME) cash copper settling at $9,655 per ton on June 2, while US futures hovered near $4.77 per pound. The market’s recent volatility reflects a complex interplay of inventory flows, trade policy uncertainty, and shifting demand patterns. The latest chart […]

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Copper Prices Retreat as Inventories Shift and Technicals Signal Weakness

Copper prices retreated in the last 24 hours, with official data showing London Metal Exchange (LME) cash copper settling at $9,655 per ton on June 2, while US futures hovered near $4.77 per pound. The market’s recent volatility reflects a complex interplay of inventory flows, trade policy uncertainty, and shifting demand patterns. The latest chart […]

·Brazil
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The Rio Times broke the news in Brazil on Tuesday, June 3, 2025.
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