LIVE FUTURES REPORT 27/02: Virus continues to dampen buying demand for LME metals

Base metals prices on the London Metal Exchange were down across the board during morning trading on Thursday February 27 due to continued lackluster demand.

The novel coronavirus infection (2019-nCoV) continues to impact demand for base metals. The virus has now spread to Europe, with Italy being hit hardest. There have now been more than 400 cases in the Southern European country, affecting trucking and logistics in Italy. “Prices are finding it hard to push up or gain support due to the situation with the virus, it is putting...

Published

Alice Mason

February 27, 2020

10:21 GMT

London