London non-ferrous base metal market pressed as Shanghai counterpart rallies

19.03.2024

London copper eased on Monday while prices in Shanghai hit a record high as fears of tight supply countered demand outlook uncertainty.

Three-month copper on the London Metal Exchange dipped 0.5% to $9,036 per metric ton by 0709 GMT, while the most-traded May copper contract on the Shanghai Futures Exchange SCFcv1 closed up...