Base metals prices on the London Metal Exchange were largely up at the 5pm close of trading on Thursday November 11, after a strong morning performance and reassuring news that emerged from the Chinese property sector.
"Chinese stock markets gained, on growing confidence that the authorities would ease the crackdown on the property sector and support developers," Anna Stablum, LME desk analyst at Marex, said on Thursday.The decrease in the fear that property giant Evergrande would default on payments meant that an increase was seen for copper, with the three-month...