Most base metals traded lower in the morning session on the London Metal Exchange on Wednesday September 1, following the release of manufacturing data from the United States and China that point to cooling economies, particularly China.
The Chicago manufacturing purchasing managers' index (PMI) fell to 66.8 in August from 73.4 in July, while China's Caixin manufacturing PMI fell to 49.2 in August, from 50.3 in July, and is now in contraction.Three-month aluminium was trading at $2,702 per tonne, down slightly from its previous close at $2,718 per...