LIVE FUTURES REPORT 10/07: LME copper, zinc rebound after Tuesday’s sell-off

Base metals prices on the London Metal Exchange were mostly higher during morning trading on Wednesday July 10, with copper and zinc the strongest performers.

The LME three-month copper price was up 1%, rebounding after a sharp sell-off yesterday. It was most recently trading at $5,883 per tonne, $60 per tonne higher than Tuesday’s close price. “Copper has managed to strengthen itself again above the $5,800 per tonne support level. It dropped a bit too sharply yesterday and it is a natural reaction to pick it back up,” an LME trader said. Copper stocks dropped...


Alice Mason

July 10, 2019

10:06 GMT