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Copper falls as rising inventories cool supply worries
SINGAPORE: Copper prices fell on Thursday as inflows into London Metal Exchange warehouses relieved some supply fears, even though regional supply bottlenecks persisted outside the US. Benchmark three-month copper on the LME was down 0.44% at $14,293.5 a metric ton by 0300 GMT. The most-traded copper contract on the Shanghai Futures Exchange fell 0.67% to 109,000 yuan ($16,331.79) a ton. Total copper stocks in LME-registered warehouses have increased for three consecutive days. On Wednesday, 13,525 tons of copper were delivered into warehouses, exchange data showed. Unlike in the previous two ...
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