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London copper climbs as tight supply, falling oil offer support
SINGAPORE: London copper recouped some of the previous week’s losses on Monday on supply concerns and lower oil prices, following a third straight day of talks aimed at working out a deal to end the US-Israeli war on Iran. Benchmark three-month copper on the London Metal Exchange was up 0.55% at $14,233 a metric ton by 0326 GMT. The most-traded copper contract on the Shanghai Futures Exchange edged 0.35% lower to 108,630 yuan ($16,338.78) a ton. An inflow of stocks into US warehouses ahead of a potential tariff on imports of refined copper has created regional bottlenecks and generated supply ...
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