CLOSE TO CLOSE: Currency moves drive base metals prices in LME kerb

Dec 13, 2011 | 12:11 PM |

Base metals prices were driven only by currency exchange movements on December 13, a trader told Metal Bulletin during the day’s kerb trading on the London Metal Exchange. Movement has been further limited as December-January and February-March spreads have remained directionless, the trader said. Copper prices closed fractionally down, at $7,600 per tonne, basis three months, compared with $7,606 on December 12. The red metal was trading at $7,585 at....

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