Copper stands alone as other base metals fall back in LME officials

May 21, 2012 | 08:26 AM |

Copper prices held early gains in the official session on the London Metal Exchange on Monday May 21, while the other base metals prices fell back to earlier lows on a day bereft of market-driving news. Three-month copper settled at $7,745.50/46 per tonne, after opening the day at $7,644.75 per tonne. The red metal didn’t fall below its opening price while reaching a high of $7,799 per tonne in pre-market trading. Prices rose in early trading as the euro strengthened, backed by reports of more positive language coming from....

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