Price of Copper steady at £ 4.86 / kg as Stocks fall to 195 kT, as demand continues to outpace supply.
The last time stocks fell below 200 kT was back in December, when it carried on down to 135 kT but only forced a small price increase.
Back in October 2018 stocks dropped below 200 kT for seven months, will that be the case this time or is there inventory in the pipeline that can replenish stocks ?
