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Copper edges up on mine supply disruption, tight stocks
Copper prices rose for a third straight session on Tuesday as persistent concerns over a supply shortage kept the metal within striking distance of an all-time peak. Benchmark three-month copper on the London Metal Exchange was up 0.1% at $14,636.50 a metric ton as of 0915 GMT, close to the record $14,875 seen last month. Supply concerns remained in focus after Chile’s Codelco partially suspended operations at its El Teniente mine following a landslide, while Antofagasta’s Centinela copper mine and two unions were set to resume talks as a strike continued. “Copper continues to benefit from phy...
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