Copper prices fell in official trading on the London Metal Exchange on Wednesday February 15 as the morning’s improved sentiment over Chinese demand and investment in European debt faded.
Three-month copper settled at $8,415/16 per tonne compared with an opening price of $8,420 per tonne. The contract traded as high as $8,517.50 per tonne and dipped to an intraday low of $8,365 per tonne. Copper stocks in LME-bonded warehouses fell by 750 tonnes to 313,050 tonnes. “I can’t really see what China is going to bring to the table...
