CLOSE TO CLOSE: Base metals prices drift lower in LME kerb

Base metals prices closed down slightly compared with their final levels during the kerb session on the London Metal Exchange on Friday March 22.

Copper prices closed at $7,620 per tonne, basis three months, from $7,655 per tonne on Friday March 22, and failed to break through a high of $7,710 per tonne during the day. “[Three-month copper] broke the long-term triangle lower limit [of $8,130-7,815 per tonne] and corrected lower to the lows of last October,” a category I trader said in a note. “The daily indicators,...


Claire Hack

March 25, 2013

18:05 GMT