SHANGHAI, Sept. 13 (SMM) – Morgan Stanley reckons fundamentals are not good enough to leave copper prices above $6,600 per tonne.
Foreign trade for copper remains sluggish this year. Despite improvement in economic activities in September, construction and public investment slowed.
LME copper rose 0.9% to $6,755.50 per tonne recently, but dropped 3% to the lowest from May last Friday.
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