iconMay 24, 2024 08:27
Source:SMM
【LME market close on May 23: Metals market is nearly all down, copper futures drop for the third consecutive day due to profit-taking and weak demand】LME copper futures fell for the third consecutive trading day on Thursday due to continued profit-taking and reluctance of consumers to buy near record highs. However, copper prices narrowed losses in the final trading session and almost closed flat. Since hitting a record high of $11,104.5 on Monday, copper prices have fallen by 6.5% due to profit-taking by bulls, but are still up 20% so far this year. (Wenhua Finance)

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