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London December 8th news: the London Metal Exchange (LME) copper futures prices ended lower Monday, because of disappointing economic data in Asia, the European economy has stalled.
Afternoon mixed plate transaction time interval when closing, LME three months of delivery of copper futures prices fell 0.7%, to $6405 a tonne.
CMC Markets market analyst Jasper Lawler said in November, China imports with the decline in oil prices, export growth is also due to weak global demand and slow down. In addition, Germany since last month's industrial output was essentially flat.
China is the world's largest copper consuming country, economic trends in the country will often affect the price of copper. When China economic slowdown, copper demand and prices also will decline.
Add:Minsheng Industrial Park of Yongfeng town in Tianchang Telephone:0550-7785699 Fax:0550-7785699 Web site:www.thegpslife.com