Copper Slides as Investors Await Cues From China, USA

  • Monday, November 4, 2013
  • Source:

  • Keywords:Copper
[Fellow]
[Ferro-Alloys .com] The London Metal Exchange copper price slipped in Asian morning trading on Monday November 4, as investors stayed on the sidelines ahead of the plenary session of China’s Communist Party and jobs data from the USA.
 
At 02:30 London time, the three-month copper was at $7,240.25 per tonne, down $14.75 from its opening. “China’s latest manufacturing data was good but the market focus is not on macro data anymore. This week, people will wait for cues from the plenary session,” Xu Yongqi, an analyst at Guotai Junan Futures in Shanghai, said.
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:editor]

Related News

·METALS-Copper Falls on Strong Dollar, Supply Outlook11-01
·Canadian Zinc Corporation: Drilling Extends Massive Sulphide Miner...11-01
·China Iron Ore Drops for 7th Day as Buying Interest Stalls11-01
·China Iron Ore Gains after 7 day Slide as Rebar Rises11-01
·China Iron Ore Futures Start Strongly, but Long Way from Dominatio...11-01

Tell Us What You Think

please login!   login   register

  • Buy & Sell

 
Please be logged in to comment!