MB:Copper retains gains in LME pre-market on Escondida force majeure
Copper maintained gains in pre-market trading on the London Metal Exchange on Thursday and was hovering around $9,800 per tonne after the declaration of force majeure at Escondida
Copper maintained gains in pre-market trading on the London Metal Exchange on Thursday and was hovering around $9,800 per tonne after the declaration of force majeure at Escondida. Three-month copper was trading at $9,800 per tonne at 10,33 BST, up from an opening price of $9,750 per tonne, supported by BHP Billiton’s declaration of force majeure at the Escondida mine in Chile on Wednesday evening. The contract had earlier hit at a high of $9,818 per tonne and had traded no lower than its opening price. “The Escondida strike has...
