Copper prices continued to soar on the London Metal Exchange during morning trading on Wednesday August 19, with the rest of the complex following higher.
The LME three-month copper price was most recently trading at $6,644.50 per tonne, $77-per-tonne higher than the 5pm close on Tuesday after it had already hit an intraday high of $6,686 per tonne in early trading, a two-year high."Copper traded in positive terrain for a fourth straight day on Wednesday on a weak US dollar and after Rio Tinto cut full-year production guidance," Marex Spectron's morning report said. "The...