Copper prices concluded the trading session with a decline of 0.59%, settling at Rs 1,406.75. This downturn was influenced by a robust dollar and profit-taking activities following recent upward movements. Comex copper inventories have begun to show slight daily inflows, while the premium of US copper futures relative to LME prices has risen following a Read More
Copper settled 0.09% lower at Rs 1,384.15 as a significant increase in exchange inventories alleviated worries regarding immediate supply constraints, while the growing availability exerted downward pressure on prices. LME-monitored inventories were recorded at 238,575 tonnes on August 20, reflecting an increase of approximately 16% from the lows observed in February. In contrast, SHFE stocks Read More
