LME OFFICIALS: Copper prices drift as weak macro conditions persist

London Metal Exchange copper prices fell below their opening levels of $6,290 per tonne as trading progressed in Europe on Tuesday December 30, as weak macro cues weighed on the near-term outlook for the red metal.

Three-month copper settled at $6,271/72 per tonne in the official session, up from official five-year lows of $6,253/54 seen yesterday, but down 0.3% on an intraday basis. Political instability in...


Mark Burton

December 30, 2014

14:00 GMT