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Spot copper treatment and refining charges indexed by Metal Bulletin dropped in the second half of October on strong trade bids for material. Read the full report here, which includes an outlook on annual settlement. Copper stocks in the London Metal ...and more » Read more...
According to data at the London Metals Exchange (LME), inventories of copper at its warehouses have fallen 55% this year to reach 161,050 tons. That's only about three days' worth of global copper consumption. At the beginning of the year, analysts had ... Read more...
But...maybe not. It's always a bit tricky to say in the hall-of-mirrors that is the London Metal Exchange (LME). What is not in doubt is that someone has been exerting a vice-like grip on LME copper stocks for many, many weeks. Today's LME dominant ... Read more...
What is not in doubt is that someone has been exerting a vice-like grip on LME copper stocks for many, many weeks. Today's LME dominant positions report <0#LME-WHL> shows one entity owning 80 to 90 percent of "live" copper tonnage in the LME ... Read more...