MB:Base metals prices remain volatile in LME pre-market
Base metals prices fell in pre-market trading on the London Metal Exchange on Monday, with copper the only metal to trade above its opening price after broad falls at the end of last week
Base metals prices fell in pre-market trading on the London Metal Exchange on Monday, with copper the only metal to trade above its opening price after broad falls at the end of last week. The strength of the US dollar and the weakness of equities in a volatile market saw copper close Friday’s trade at $8,821 per tonne, having opened the day at $9,081.75. “Base metals took a good pummelling [on Friday] as US dollar strength and weak equity markets...
