[Ferro-Alloy.com] Base metals prices fell against their previous closes in Wednesday’s kerb trading on the London Metal Exchange as risk-aversion continued amid uncertainty over how the west will respond to the crisis in Syria.

 

Three-month copper finished the kerb at $7,290 per tonne, compared with $7,315 per tonne on Tuesday and $7,276/77 per tonne in official trading. “Mounting geopolitical tensions over possible military strikes against Syria continue to dominate, helping crude oil prices to rally while dragging equity markets and base metal prices lower heading into Wednesday afternoon,” an analyst said.