MT: Copper rebounds above opening price in LME officials
Three-month copper settled at $7,991/991.50 per tonne, after opening the day at $7,957.50. The red metal traded as low as $7,885.25 per tonne before rebounding to a high of $8,007.25. “Copper has made another move lower despite fresh tightness at the front end of the curve and a reasonably strong Chinese equity market in recent days,” an analyst said in a note. “We would think the complex will now look to currencies for inspiration.” The euro...
