LME ASIAN WRAP: Copper prices open higher as markets return to work

The London Metal Exchange copper prices opened higher for the Asian morning trading on Tuesday May 27 as markets returned to work from the long weekend amid news of easing by the European central bank.

The three-month copper opened at $6,952 per tonne, hitting the highest level since March 7 at $6,966 per tonne. At 03:22 London time, the three-month copper was down $8 per tonne from its opening to trade at $6,944 per tonne. “As Asian players play a more important role, yesterday’s price rise on the Shanghai Futures Exchange (SHFE)...

Published

Metal NM

May 27, 2014

04:49 GMT

Shanghai