Copper slips 0.76% in delayed data as investors stay cautious
The front-month quote of $6.553 a pound sits below the previous close of $6.603, with supply still tight in the top consumer.
Copper front-month futures slipped 0.76% to $6.553 a pound in delayed data (not live), as cautious investors stayed on the sidelines, reports say.
Supply has tightened in the world's top consumer, and the Shanghai spot premium has climbed to a record. Inventory destocking is continuing, reports say.
The quote is 0.76% below the previous close of $6.603 a pound. It comes after prices touched a two-week high.
More raw-material news
Crude oil edges higher in delayed data while peace efforts ease supply fears4 hours agoCrude oil falls 2.54% in delayed data as supply fears ease13 hours agoCrude oil falls 1.36% in delayed data as Mideast supply fears ease1 day agoCrude oil rises 1.73% in delayed data as reports cite refinery attacks1 day ago
Educational only, not financial advice. Numbers beside the story are from our own data.