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Print[Ferro-Alloys.com] Copper prices on the London Metal Exchange fell in early Asian trading on Tuesday September 3 as market sentiment weakened on continued uncertainty over Syria and the US Federal Reserve’s plans to pull back its quantitative easing measures.
At 03:15 London time, three-month copper was trading at $7,236.5 per tonne, down $28.5 per tonne from its opening price. The contract touched a high of $7,285 per tonne and a low of $7,235 per tonne earlier in the session. “China’s purchasing managers’ index [PMI] had sent prices up yesterday. Today has been pretty quiet by comparison,” a category II broker said.
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