Comex copper prices fell to a one-month low on Tuesday January 23 morning in the US on the back of increased supply.
Copper for March settlement on the Comex division of the New York Mercantile Exchange fell 7.05 cents or 2.2% to $3.1380 per lb. Copper on-warrant stock levels on the London Metal Exchange are now at their highest since October 20, 2017, after today's delivery. Over 40,000 tonnes were delivered into LME warehouses this morning, with the majority of the stock into Busan, while...