Non-ferrous base metals down on worsening global outlook

09.06.2022

Copper prices drifted lower on Wednesday as worries about weaker global growth outweighed hopes for a demand recovery in top metals consumer China.

Three-month copper on the London Metal Exchange slipped 0.1% to $9,690 a tonne in official open-outcry trading after edging down 0.5% in the previous session.

"It's a tug-of-war between...