The three-month copper price on the London Metal Exchange was little moved during morning trading on Thursday October 3, with price action predominantly unaffected by a fresh inflow of some 36,175 tonnes.
Copper's outright price on the LME was recently seen trading at around $5,670 per tonne, a drop of just 0.3% from Wednesday's closing price of $5,678 per tonne, while turnover was moderate with some 2,500 lots exchanged as of 9am London time. Yet fresh inflows in copper this morning mark the largest LME delivery for the red metal since June, while on-warrant material now sits at 195,425 tonnes after falling to 155,675 tonnes - the lowest deliverable inventory level...