business
Copper price closes in on new record as Shanghai, London warehouses empty out
Imported copper landing in China is going straight to fabricators and skipping warehouses with Shanghai stocks dropping 70% since June.
Copper climbed for a sixth straight session on Tuesday, its longest winning streak in four months, as Chinese buyers stocked up ahead of next week’s holidays and shrinking inventories in Shanghai and London pointed to a physical market that is runnin... [6033 chars]
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