LME ASIAN WRAP: Copper prices rangebound on mixed sentiment

London Metal Exchange copper prices were rangebound in Asian morning trading on Friday March 20, with a rebounding US dollar offsetting reports of possible new measures by China to re-invigorate its weak property market.

At 02:18 London time, the three-month copper contract was at $5,856 per tonne, up $14 from its opening price.

Poor property figures from China clouded the metals market earlier this week, but state-owned China Securities Journal on Friday reported that the government is keeping a close eye on the country’s...

Published

Kiki Kang

March 20, 2015

03:35 GMT

Shanghai