Base metal prices all fell in Thursday’s pre-market trading on the London Metal Exchange, as buying support retreats to lower prices
Base metal prices all fell in Thursday’s pre-market trading on the London Metal Exchange, as buying support retreats to lower prices. Three-month copper opened the day at $8,646.75 per tonne, having settled at $8,730/731 in Wednesday’s official session. Prices failed to rise as high in Asian trading hours as they did in Wednesday’s trade, as the international debt crisis and domestic monetary policy capped China’s appetite for metals. “There is almost no upside impetus in sight for the time being, as the European debt issue is yet to be solved,...
