Economic TimesLean R·
Copper touches record high, focus on tight supplies outside US
Copper prices hit a record high on Monday as the prospect of shortages outside the U.S. fuelled buying, while a softer dollar further supported positive sentiment, according to a Reuters report.Traders said volumes were likely to remain muted due to a U.S. holiday, with attention focused on copper and zinc.Benchmark copper on the London Metal Exchange touched a record high of $14,533 a metric ton, surpassing its previous all-time peak of $14,527.50 reached in January. It later pared gains sligh…
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