Davis Trading News

On Friday, base metal prices advanced despite mixed economic reports in the U.S. and a somewhat stronger dollar. In London, LME official 3-mo. asking prices were firmer across the board this morning including for copper $7,374.50/mt (=$3.345/lb.), aluminum $1,926/mt (=87.4 cents/lb.) and nickel $14,800/mt (=$6.71/lb.), and those gains were extended... read more