Non-ferrous base metals post losses as bug keeps haunting China

01.12.2022

Copper prices fell on Wednesday as rising COVID-19 cases in China tempered hopes that demand in the world's biggest metals consumer will soon improve.

Benchmark copper on the London Metal Exchange (LME) was down 0.2% at $7,993.50 a tonne at 1128 GMT.

Prices of the metal used in power and construction surged from...