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US Copper Futures Down Modestly on Demand Worries, Inventories
Apr. 13, 2011 01:52PM PST
Base Metals Investing Platts reported that increases to copper inventories and concerns over China’s demand have brought copper future down.
Platts reported that increases to copper inventories and concerns over China’s demand have brought copper future down.
The market news is quoted as saying:
Copper was pressured downward in part by a 3,225 mt increase in London Metal Exchange warehouses, but Tuesday’s slide may have triggered an overall change in investor sentiment, analyst William Adams of basemetals.com said.