Copper price rally failed to cheer traders
The 28% surge in copper over the past one month to $4,500 a tonne levels on LME has failed to cheer small and mid-sized manufacturers and traders in the local spot market. Rohit Shah, partner, Suraj Extrusion, and past president of BME, stated: I had contracted copper cathodes at $6,500 a tonne, and even though [...]
