Congo Copper Output Boosts Global Stocks But Prices Seen Steady

Mine expansions in Congo and Chile are driving global copper stocks up, but prices will likely remain elevated, aided by increasing China demand, BMI said, projecting an average price of $9,600 a ton for the rest of the year.

Mine expansions in Congo and Chile are driving global copper stocks up, but prices will likely remain elevated, aided by increasing China demand, BMI said, projecting an average price of $9,600 a ton for the rest of the year.