LME copper opened at $9,543.5/mt overnight. After a slight initial fluctuation, it peaked at $9,572.5/mt and then declined to a low of $9,477/mt. It later rebounded slightly and closed at $9,539/mt, ...
“Indeed, the spot price of copper on Comex has fallen $1.14 [per pound] from $5.12 on May 21st to $3.98 on Friday,” he wrote Aug. 9. LMEpricing and inventory figures collected and published ...
It says much about the London Metal Exchange that the focal point of its trading liquidity revolves around shipping times set in the late 19th century.