Commodities: Copper
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A FURTHER fall in copper prices during trading yesterday afternoon dampened buying interest in other metals which mostly finished around the lower end of the day's narrow trading ranges. Sterling copper last traded at pounds 1,277.5, down pounds 9.50.
Buyers had already been discouraged from chasing prices higher earlier in the day following the publication of London Metal Exchange stock data showing total inventories of all metals up by 21,177 tonnes at 2,181,197 tonnes.
More than half is aluminium which rose 12,100 tonnes to a record 1,350,600, while copper's rise of 5,575 tonnes took the total to 268,550 tonnes.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments