Copper Price Down as Macro Risks Loom

  • Thursday, September 5, 2013
  • Source:

  • Keywords:Copper prices London Metal Exchange copper-based
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[Ferro-Alloys.com] Copper prices on the London Metal Exchange were down during Asian morning trading on Thursday September 5 as investors remained wary due to uncertainty on Syria and the US Federal Reserve’s stimulus direction.
 
At 03:02 London time, three-month copper was trading at $7,137.5, down $4.5 from its opening. The market is being pulled into different directions and risks, which are changing on a daily basis, making it hard for investors to take copper-based view, a commodities analyst in Singapore said.
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