LME copper stocks in US climb to 12-year high
Copper inventories in London Metal Exchange warehouses in the US have swelled to their highest in 12-1/2 years as metal continues to accumulate in the country ahead of possible import tariffs from the start of next year. Stocks in US LME warehouses — mostly i...
Copper inventories in London Metal Exchange warehouses in the US have swelled to their highest in 12-1/2 years as metal continues to accumulate in the country ahead of possible import tariffs from the start of next year. Stocks in US LME warehouses — mostly in New Orleans and Baltimore — now stand at 169,475 metric tons, the most since April 2014. They account for around 62% of all copper inventory on the exchange,...