The three-month copper price has continued to surrender gains above $6,500 per tonne from earlier this week, falling from $6,462 per tonne at Wednesday’s close.
Volumes traded over the morning were moderately low, with copper’s 4,401 lots topping the complex as of 9:37am London time. Just 25 lots of tin have traded this morning.
Weaker investor sentiment across Europe continues to trickle through to commodity purchasing, with US President Donald Trump threatening to apply $11 billion worth of tariffs on goods from the European Union.
Grounded in an ongoing aircraft dispute, tensions between the United States and the European bloc escalated this week, with the EU allegedly accused of providing subsidies...