MB:LME copper steady in pre-market after testing $9,500
Copper was steady as pre-market trading got underway on the London Metal Exchange on Monday, having earlier tested $9,500 per tonne
Copper was steady as pre-market trading got underway on the London Metal Exchange on Monday, having earlier tested $9,500 per tonne. Three-month copper traded at $9,482 per tonne at 10:35 BST, up $7 from its opening price but off an intraday high of $9,520.25 per tonne. The red metal rallied during Asian trading hours as markets there digested stronger than anticipated US manufacturing data released on Friday, as well as the signing of a new €8.7 billion ($12.6 billion) aid agreement that will reduce Greece’s immediate-term risk of default. Concerns...
