Trading quiet in LME pre-market on EU fears, year-end

Dec 12, 2011 | 05:01 AM |

Base metals activity was minimal during pre-market trading on the London Metal Exchange as the market continued to digest UK prime minister David Cameron’s veto of a treaty aimed at resolving the EU's financial crisis. The three-month copper price opened at $7,806 per tonne but weakened to a low of $7,630.50 before 9.30 GMT.  It was holding close to this level, trading at $7,635, at 9.38 GMT. “Everything’s quite a....

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