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LME copper inventories rise to the highest level since 2024, mainly driven by increased inflows into some U.S. warehouses
Gelonghui, March 5 — According to data from the London Metal Exchange (LME), copper inventories in tracked warehouses increased by 20,675 tons to 282,200 tons. The increase in tonnage is the largest since August 2024, and the current inventory level is at its highest since October 2024. The rise in inventories is mainly driven by increased inflows into warehouses in New Orleans and Baltimore, USA.