Copper prices edged higher on Tuesday tracking weakness in the US dollar, although the commodity stays under pressure amid recession worries hitting demand. Weakening manufacturing trends across the globe are also expected to keep industrial metal prices dampened in the near-term. Rising copper inventories showing weakening demand continues to weigh on the red metal. COMEX copper is currently up 0.07% at $3.42 per pound. Powered by Commodity Insights
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