(Reuters) - Lead hit a fresh all-time high and copper was up more than 1 percent on Monday as workers in Chile prepared to go on strike and as stocks fell.
"There has been a good drawdown in inventories and obviously if Collahuasi goes on strike the market is looking for copper breaking down beneath the 100,000 level," analyst Nick Moore at ABN AMRO said, pointing to LME stocks falling to 102,075 tonnes.
Read more at Reuters Africa
"There has been a good drawdown in inventories and obviously if Collahuasi goes on strike the market is looking for copper breaking down beneath the 100,000 level," analyst Nick Moore at ABN AMRO said, pointing to LME stocks falling to 102,075 tonnes.
Read more at Reuters Africa
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