The London Metal Exchange three-month base metals prices were little moved during morning trading on Monday October 5, with price action subdued across the complex after Europe's services sector data disappointed over September, the latest PMI data shows.
LME nickel's outright price made the biggest upward move over the morning, but was trading just 0.56% higher at $14,380 per tonne, while both LME copper and aluminium futures led volumes over the morning at some 2,500 lots as of 10:20am London time. LME tin's three-month price was the biggest loser over the morning, falling by 0.53% and recently trading at $17,760 per tonne, while turnover was minimal at just 17 lots as of 10:25am London time. Economic data from the Eurozone showed the region's services sector, which accounts for more than 70% of...