TheLondon Metal Exchange three-month copper price increased during morning trading on Wednesday September 4, paring back the bulk of Tuesday's losses, while high turnover also drove tin's outright price higher.
Copper futures improved by some 1.6%, trading at an intra-morning high of $5,700 per tonne, while around 5,500 lots had been exchanged by 9am London time. The red metal's three-month price fell to its lowest level since January 2017 at $5,518 per tonne on Tuesday September 3. Although physical market participants have booked orders against the metal's declining price activity, copper holds key production value at $5,500 per tonne, industry sources confirmed."There's very little value...