Base metals prices fell in early trading on the London Metal Exchange on Friday as weaker equities, a firmer US dollar and stock increases drove selling. “There’s bad news awash all over, which is affecting sentiment and prices,” a category I trader told MB. Three-month copper opened at $4,064.50 per tonne but dipped as low as $3,722 per tonne by 10:03 BST. This compares with Thursday’s closing price of $4,040 per tonne. “This is the largest ever fall in copper prices in one month. The highest price this month was around $6,500 for copper, about $3,000 higher than where we are now. That just...
