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Copper stockpile concerns drive price rises

GEOPOLITICAL tensions rising in the Middle East kept oil near three-year highs overnight, while traders pushed copper above US$6900 per tonne, a three-week high, driven largely by falling stockpiles that were off 2.7%, down for a 15th day.

Haydn Black
Copper stockpile concerns drive price rises

The red metal looks like consolidating its gains over the last week, closing at $6917.   Base metals on the London Metal Exchange were mixed at the close of trade, with tin's three-month price off...

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