LME base metals prices waver on weak Chinese data

Base metal prices on the London Metal Exchange faltered at the open on Monday March 27. Negative economic data from China plus the continuation of a poor macroeconomic environment in the banking sector have put downward pressure on trader sentiment.

Three-month futures prices at the open of Monday’s trading at 9:15am compared with Friday’s 5pm close:
• Copper: $8,884.50 per tonne, down 0.4%

• Aluminium:...


Josh Fulton

March 27, 2023

09:59 GMT