MB: LME copper rises in premarket on stock movements
Copper prices rose in early trading on the London Metal Exchange on Friday as stocks fell for the thirteenth consecutive trading day. Three-month copper opened at $4,525 per tonne compared with $4,519/20 per tonne in the official session on Thursday. It reached a high of $4,615 per tonne by 11:27 BST. “We continue to see this consistent move of copper out of warehouses,” a category I trader told MB. “It...
