Copper prices steadied on Wednesday as high factory gate prices in China raised concerns of price curbs by the government, countering support from supply worries and a promising demand outlook. Three-month copper on the London Metal Exchange was up 0.04% at $9,967.50 a tonne by 0733 GMT, while the most traded July copper contract on …
The post Copper steadies as Chinese producer inflation stokes price curb fears first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John