Nickel, lead up as other base metals post losses

12.07.2022

Copper prices fell on Monday, as new COVID-19 restrictions in top consumer China and fears of rapid interest rate hikes leading to a global economic slowdown dent demand for metals.

Three-month copper on the London Metal Exchange slipped 1.3% to $7,704 a tonne by 0727 GMT.

Copper, used in power and construction...