LME copper prices at 9-year high

Green Car Congress
By mmillikinFeb 20, 2021, 5:30 am397 pts
On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. This is the highest level since 1 May 2012 when copper traded at US$8,528/t. Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials…

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