Base metals drifted in early business in Europe on Friday, with the market awaiting key data from the United States for clues about future economic growth.
Benchmark three-month copper futures at the London Metal Exchange were quoted at $6,177/6,185 per tonne at 1144 GMT, down $98 from Thursday's close.
Mining shares fell more steeply than the FTSE index of 100 shares.
The world's biggest mining company BHP Billiton was down 0.5 percent and Chilean copper miner Antofagasta was down almost 2 percent by late morning in London.
Read more at Reuters South Africa
Friday, March 9, 2007
LME copper drifts, awaits US data
Labels:
Antofagasta,
Base metals,
BHP Billiton,
Economy,
FTSE,
LME,
London Metal Exchange
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