Copper's price dipped to $8,907.50 per tonne while nickel sank by 7.4% at the 5pm close of trading on the London Metal Exchange on Thursday March 4, with sell-offs and corrections seen for a second day.
Prices for other materials in the base-metals complex fell by an average of 1.9%."The selloff appears to be largely driven by closing of speculative longs, taking profits against a background of a stronger dollar and weaker stock...