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Canada Market Copper

Copper falls as rising inventories spur demand concerns

Sumary of Copper falls as rising inventories spur demand concerns:

  • Article content HANOI — Copper prices fell on Thursday as rising global inventories and falling premiums in top consumer China stoked demand worries and offset support from a weaker dollar amid dovish U.S…
  • Three-month copper on the London Metal Exchange fell 0.2% to $9,047 a tonne by 0645 GMT, having risen as much as 0.9% earlier in the session…
  • Meanwhile, stockpiles are rising in exchange warehouses, with LME copper inventories hitting their highest since Dec…….

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