General decline in base metal prices

General decline in base metal prices

Base metals’ month-long rally paused on Wednesday as concerns about demand from top consumer China and a rally in the U.S. dollar prompted selling by funds and producers. Three-month aluminum on the London Metal Exchange (LME) fell 2.4 percent to $2,489 per metric ton. It had hit an eight-week high of $2,554 on Tuesday, up … Read more