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LME OFFICIALS: Base metals prices fall back near opening prices in officials
January 25, 2013 - 14:30 GMT
Base metals settled around their opening prices in the official session on the London Metal Exchange on Friday January 25, as prices continued to bounce around within recent ranges.
With no clear direction from macroeconomic indicators
and with bears and bulls equally served, prices have
trended this way all week. However, one analyst said that
prices are broadly trending higher overall, and that the market
was "comfortable putting in higher lows, as the ebb and flow of
economic and central government issues pull prices back and
forth," according to a daily note....
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Euromoney Institutional Investor PLC.
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