Copper prices concluded the trading session with a decline of 0.47%, settling at Rs 1,391. This downturn was primarily driven by a stronger dollar and a prevailing weaker macroeconomic sentiment, which overshadowed the renewed apprehensions regarding tightening availability on the LME. Uncertainty regarding potential US tariffs on refined copper imports has prompted notable stock fluctuations Read More
Copper settled marginally lower by 0.03% at Rs 1,371.7, as increasing LME inventories alleviated supply concerns, counterbalancing the support derived from a significant decline in the dollar. LME copper stocks rose by an additional 12,425 tonnes, reaching a total of 235,975 tonnes. This marks an 11% increase from the previous week; however, it remains 40% Read More
Copper prices concluded the session with a 0.40% increase, reaching Rs 1,266.65. This uptick was bolstered by a reduction in exchange inventories and a more favourable medium-term supply outlook, although the extent of the gains was limited by a reduction in geopolitical tensions. LME copper stocks declined to 339,100 metric tonnes, marking their lowest level Read More
