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LME ASIAN WRAP: Copper price down on tense geopolitics, US data

August 04, 2014 - 04:20 GMT Location: Singapore

KEYWORDS: LME copper , Changjiang , PMI , Ukraine , Russia

The London Metal Exchange copper prices were down during Asian morning trading on Monday August 4 as geopolitical tensions fuelled risk aversion.

At 02:03 London time, the three-month copper contract was down $9 from its opening to trade at $7,081 per tonne. On Friday August 1, the USA pledged another $8 million in new aid to Ukraine’s border guard service against...

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