US EditionCopper prices slide as waning demand in China causes stocks to rise
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Copper prices slide as waning demand in China causes stocks to rise
Copper prices have dipped despite hopes of rebounding demand in China, as its economy recovers from the pandemic with stocks in the London Metal Exchange rising again. Prices are down 1.82 per cent heading into trading next week, dropping to $8,194 per tonne – a monthly low – with the world’s oldest metal exchange reporting a doubling of copper stocks since July. The institute’s warehouses are now home to 162,900 tonnes, according to the lates…
·London, United Kingdom
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