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Base Metals Preview: Copper Prices Muted On Growth Worries

25 Oct 2022 , 09:10 AM

Copper prices were muted on Tuesday after falling sharply in the previous session. COMEX copper was quoting at $3.42 per pound, down 0.10%. The red metal is also facing increased headwinds from slowing activity across the globe. Deteriorating global manufacturing activity from US and the Eurozone added to concerns over global economic growth. The flash PMIs showed significant weakness across both the service and manufacturing parts of the economy. Powered by Commodity Insights

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