MB:Base metals prices slide in LME pre-market on economic jitters, softer demand
Base metals prices slumped still further during pre-market trading on the London Metal Exchange (LME) on Wednesday as physical demand slackened and turmoil in global financial markets continued to drag sentiment down
Base metals prices slumped still further during pre-market trading on the London Metal Exchange (LME) on Wednesday as physical demand slackened and turmoil in global financial markets continued to drag sentiment down. Copper opened the day’s trading at $8,242 per tonne, basis three months, supporting traders’ suggestion on Monday that the red metal could drop to $8,000 or below by October. “It’s still the uncertainty in the general economy and the talk of a...
