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LME Copper Inventories Climb To Two-Week High

21 Sep 2022 , 10:46 AM

LME Copper inventories jumped in the previous session to a two week high, putting additional pressure on the commodity that is already weighed down by fears of a global recession impeding demand. The inventories rose by 2075 tonnes to 107150 tonnes, its highest level since first week of September. Copper inventories have been falling since the start of the month but the spike in inventories could further add downside to the metal. Powered by Commodity Insights

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