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Copper firms with focus on supply developments in Chile
Copper prices rose on Wednesday, aided by supply concerns in top producer Chile, while markets watched developments at key copper mines. Benchmark three-month copper on the London Metal Exchange gained 0.7% at $14,673.50 a metric ton by 0303 GMT. The most-traded copper contract on the Shanghai Futures Exchange was up 0.4% to 111,330 yuan ($16,638) a ton. “Supply risks in Chile have remained a key focus for the red metal, with strike votes, worker fatalities, operational disruptions, and renewed mine restart headlines helping maintain a supply-risk premium. With these risks still evolving, any ...
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