![Copper Dropped As Supply-Side Problems Maintained Price Support](https://market-tracker.in/wp-content/uploads/2024/04/105781528-56a613de5f9b58b7d0dfcc50-600x400.jpg)
Copper Dropped As Supply-Side Problems Maintained Price Support
Copper prices rose by 0.54% to settle at 846.05 due to changing market dynamics and persistent supply-side issues. The closure of Cobre Panama mine since December has caused a global shortage of copper concentrate, which has supported prices. Bans on Russian production of nickel, copper, and aluminum by the US and UK have further tightened…