Base metals rallied in morning trading on Wednesday July 7 with copper leading the pack higher.
At $9,495 per tonne the LME three-month copper contract was up 1.96% from Tuesday's 5pm close."Yesterday, we said the metals were looking more upbeat because copper had broken higher, but given the weakness seen yesterday, the market looks a bit flighty, so we will wait to see if the dip buying pushes copper back above $9,550-9,600 per tonne," Fastmarkets head of research Will Adams...