Fear Grips Copper Market, Leading Prices to Record High
Copper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch. The sharp moves higher came after a major...
By Bloomberg Markets · Bloomberg Markets
Copper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch. The sharp moves higher came after a major industry conference in Shanghai last week that highlighted signs of supply stress following a year of unplanned mine disruptions. Bloomberg’s Martin Ritchie reports.