Supply Shocks and Solar Shifts Drive Copper Prices Higher ...Middle East

Economy by : (OILPRICE) -
The Copper Monthly Metals Index (MMI) broke above range, with a 3.7% rise from September to October. This comes as copper prices, along with many other metals, continue to show an upside bias. Copper Joins Other Base Metals in Upward Trend Comex copper prices hit a two-month high, barreling past the 11k per metric ton mark by early October. LME copper prices lagged behind their Comex counterparts, but traveled upwards in tandem nonetheless. As of October 10, Comex and LME prices had bounced 17% and 12% from where they stood at the start of August.…

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