METALS-Copper ticks higher on low inventories, equity bounce
January 06, 2020 at 20:53 PM EST
London copper prices edged upwards for a second session in early Asian trade on Tuesday, tracking gains in equity markets and as inventories of the metal continued to fall. Copper stocks in London Metal Exchange-monitored warehouses have slumped by 57.5% since late August and are currently at 142,900 tonnes, the lowest since March 2019. FUNDAMENTALS * COPPER: Three-month copper on the LME rose 0.4% to $6,161 a tonne by 0136