Base metals on the London Metal Exchange broadly closed down in the afternoon on Friday December 20, once more capped by a stronger US dollar index, trading up 0.29% at 97.69 this afternoon, ignoring better-than-expected economic indicators from China.
China's CB Leading index, an economic leading indicator intended to forecast future economic activity, was up three percentage points month on month to 1.5%, which is expected to have positive ramifications for base metals consumption in the region.The LME three-month copper price also has potential to the upside in...