Copper's Longest Rally Since 1994 Collides With a Shrinking Supply Chain
Copper is riding its longest weekly winning streak since 1994, and the physical market underneath the rally keeps getting thinner. Benchmark prices on the London Metal Exchange notched a 10th straight weekly gain through last Friday, trading near $14,300 a ton and within reach of the record $14,527.
<p>Copper is riding its longest weekly winning streak since 1994, and the physical market underneath the rally keeps getting thinner. Benchmark prices on the London Metal Exchange notched a 10th straight weekly gain through last Friday, trading near $14,300 a ton and within reach of the record $14,527.</p>