LIVE FUTURES 07/07: Base metals up slightly on dip-buying; aluminium bucks trend

Prices of most base metals rose slightly on the London Metal Exchange on Wednesday July 7 but with aluminium bucking the trend, going down by 1.2%.

The LME three-month copper contract ended the trading session at $9,455 per tonne at 5pm, up by 1.5% from Tuesday.
Investors in the red metal were dip-buying on Wednesday after its price dropped on Tuesday in a knee-jerk reaction to negative macro-economic headlines, Fastmarkets analyst Andy Farida said.

"With copper recouping most of the [earlier]...

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