LME base metal market very quiet at start of week, just 23 lots copper traded on LME Select, as market lacks price cues from supply-side, currencies, says Hong Kong-based trader. "The market's dead because there's no news or impetus." LME 3-month copper pares losses, down $10 on London Friday PM kerb at $7,880/ton; aluminum untraded, last quoted at $2,880.15, +$5.15; zinc +$5 at $4,050. As cues few, short-term direction difficult to gauge, but may test lower before finding a base, with copper possibly probing downside towards $7,650/ton on momentum trading, trader says.
豫公网安备41010502003434号