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Copper prices are surging towards near-record highs on the London Metal Exchange (LME) due to building supply tensions. This rise has also led to significant jumps in the stock prices of cable and wire companies.
The London Metal Exchange (LME) announced a partial disruption in electronic trading for copper, aluminum, zinc, and tin on Monday, attributing the issue to a 'technical fault'.
Copper prices have seen an increase, supported by a reduction in stockpiles at the London Metal Exchange (LME).
Electronic trading on the London Metal Exchange (LME) experienced a technical halt, disrupting market activities.
The London Metal Exchange (LME) anticipates that metal stored in Hong Kong sheds will increase to hundreds of thousands of tons.