Copper Price Down on China, US Concerns

  • Thursday, September 26, 2013
  • Source:

  • Keywords:London Metal Exchange economic outlook market part
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[Ferro-Alloys.com] The London Metal Exchange copper price was down during Asian morning trading on Thursday September 26 in absence of strong drivers from China and worries over the US economic outlook.
 
At 03:05 London time, three-month copper was down $2 per tonne from its opening to trade at $7,181 per tonne. “Most market participants are not optimistic about China’s macro economy,” an analyst in Shanghai said.
 
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