Copper lures buyers as New York futures hover above $4/lb
Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses.
British-based trading and investment group Energy Financing Team (EFT) said on Saturday it will take its 300 megawatt (MW) Stanari coal-fired power plant in northern Bosnia offline for a 35-day overhaul from March 25.
The Stanari power plant in Doboj is the first privately-funded power plant in the Western Balkans which came online in 2016. It produced 2,056 gigawatt hours (GWh) of electricity in 2018, up from 2,035 GWh a year before, EFT said.
(Reporting by Maja Zuvela, editing by Louise Heavens)
