1/FEB/2024 COPPER NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600

Copper Dropped As Data Showed Contraction In Manufacturing Activity In China.

Copper experienced a modest decline of -0.2%, settling at 733.25, driven by manufacturing contraction in China. Despite stocks in LME-registered warehouses decreasing by 24% since October to 146,475 tons, the cash discount over three-month copper contracts suggests no immediate concerns about supply shortages in the LME market. 

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