Base metals prices up, more short covering to come in LME pre-market

Apr 30, 2012 | 05:30 AM |

Base metals prices remained in their upward trajectory during pre-market trading on the London Metal Exchange on Monday April 30, as the market continues to follow rising copper prices. Copper prices opened at a three-month level of $8,440 per tonne, and have found resistance at about $8,460, a category I trader told Metal Bulletin. “I think this is a continuation of what we’ve seen from the....

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