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Copper eases after touching two-week high
Copper eased on Thursday after touching a two-week high in the previous session, with a lack of fresh catalysts and concerns over rising inventories keeping the red metal range-bound. The most-traded copper contract on the Shanghai Futures Exchange dipped 0.02% to 102,100 yuan ($14,924.06) a metric ton as of 0330 GMT. The benchmark three-month copper on the London Metal Exchange, meanwhile, dipped 0.23% to $13,292 a ton. Copper’s dip came after a post-Lunar New Year gain sent the red metal to a two-week high on both the Shanghai and London exchanges.The Shanghai contract hit a two-week high in overnight trading at ... (full story)
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