首页|Aluminium, copper dn on fund liquidation, equities
Aluminium, copper dn on fund liquidation, equities
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London Metal Exchange base metals drifted lower with aluminium and copper leading the falls in response to fund long liquidation and equity market weakness. Aluminium was subject to light selling in the pre-market after the emergence of a 12,600-ton stock build in LME warehouses and prices quickly fell to a four-week low at 1,343.50 dollars a metric ton. Sentiment was further hit by the release of the International Aluminium Institute's estimate for primary aluminium production at 57,900 tons for May, up from 57,500 tons in April and 56,700 tons in May 2001e, analysts said.