Copper prices fall back on lack of co-ordinated fiscal stimulus package from G7

摘要

London—Copper prices gave back a chunk of the previous session’s gains during intraday trading Tuesday, with the market reacting warily to a meeting of G7 finance ministers suggesting a lack of any firm coordinated fiscal stimulus package to assist with the coronavirus outbreak. As of 1440 GMT, LME copper was spot bid around $5,658/mt, down around $65 from the previous close. Three-months copper on the LME closed untraded but bid at $5,665/mt, down from $5,700/mt on Monday.