LME ASIAN WRAP: China RRR cuts fails to lift copper price
May 13, 2012 | 10:50 PM
The London Metal Exchange copper price slid to a four-week low in early Asian trading on Monday May 14, as market participants dismissed a potential boost from a cut in Chinese banks’ reserve requirement ratio (RRR).
Three-month copper stood at $7,966 per tonne at 03:00 London time, down $77 from its opening price. The red metal dropped to as low as $7,943.25 per tonne, the....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.