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Disappointing Chinese economic data suggests there is little to be bullish about and therefore it is unsurprising that the three-month base metals prices on the London Metal Exchange were down across the board by an average of 0.7% on the morning of Thursday June 14.
Base metals were mixed Wednesday ahead of the Federal Reserve releasing its decision on whether to raise rates.
Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Wednesday June 13, the exception being lead which was up by 0.2%.
Good morning from Metal Bulletin’s offices in Asia, bringing the latest news and pricing stories on Tuesday June12.
Copper prices on the Shanghai Futures Exchange weakened during Asian morning trading on Tuesday June 12, with a firmer dollar and easing supply concerns weighing on investors’ appetite for the red metal.
The latest news and price moves to start the Asian day on Tuesday June 12.
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