Base metals prices on the London Metal Exchange were down across the board on the morning of Thursday July 8, after a period of dip-buying activity saw prices rise on Wednesday.
"We are seeing strong selling pressure in the London Metal Exchange base metals complex today," Fastmarkets analyst Andy Farida said this morning. "Judging by the price action of all the base metals, the rebound seen on Wednesday July 7 was unconvincing and that has left dip buyers disappointed. We continue to see changes in macro dynamics having a negative impact on risk assets,"...