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Copper sits near 6 years low at LME as dollar lends support- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition
11/26/2015 non-ferrous metals expo |
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London copper on Tuesday teetered near six-year lows hit in the previous session as the dollar gave up some gains, but the outlook for prices stayed poor given weakening Chinese demand growth for metals. Three-month copper on the London Metal Exchange was 0.4 percent higher at $4,510 a tonne by 0700 GMT. Shanghai Futures Exchange copper ended 0.56 percent down at 33,850 yuan ($5,298.42) a tonne.
Copper, aluminium and lead all hit their lowest in more than six years on Monday and nickel skidded to its weakest since 2003, as a firmer dollar ahead of an expected December US rate hike compounded the pressure from China''s ebbing demand.
有色金属展-2016年第十七届广州国际有色金属展览会-巨浪展览 non-ferrous
metals- 2016 China(Guangzhou)Non-Ferrous Metals Exhibition
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