Copper Prices Soar Towards Record Highs on LME
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.
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Copper Heads Toward Record High on LME as Supply Tensions Build
Copper extended a seven-week rally to head toward a record, with a key price spread on the London Metal Exchange widening to unusual levels in a clear sign of rising competition for short-term supply.
By Bloomberg News
Read full article →Hind Copper rises 7% as copper prices hit near record high on LME; cable & wire stocks jump up to 5% - Moneycontrol.com
Hind Copper rises 7% as copper prices hit near record high on LME; cable & wire stocks jump up to 5% Moneycontrol.com
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