New York copper price surge lifts global markets as Shanghai hits record

Post Views: 248 New York copper price New York copper price surge follows record LME rally New York copper price surge accelerated after London Metal Exchange prices reached historic levels. Traders reacted after LME copper hit $12,282 per tonne before Christmas closure. Comex copper for March delivery jumped over five percent in New York trading. Prices reached $5.90 per pound, marking the strongest level since July. Meanwhile, Shanghai Futures Exchange copper surged nearly five percent. Prices climbed close to 100,000 yuan per tonne, setting a new record.   Supply disruptions fuel globa...