SINGAPORE, Sept 28 (Reuters) - Copper prices in Shanghaiand London drifted in early trade on Monday after disappointingU.S. durable goods and homes sales data were offset by asurprise fall in inventories.
FUNDAMENTALS * Three-month copper on the London Metal Exchange MCU3rose $5 to $5,995 a tonne by 0104 GMT. When Shanghai closed onFriday, LME copper was trading around $5,967, when it touched aone-month low of $5,900. * Shanghai's benchmark third month copper contract SCFc3fell 50 yuan to 47,170 yuan. The more active January contractSCFc4 was flat at 47,140 yuan.
Full Story: METALS-Shanghai, LME copper drift after soggy US data - Reuters India
FUNDAMENTALS * Three-month copper on the London Metal Exchange MCU3rose $5 to $5,995 a tonne by 0104 GMT. When Shanghai closed onFriday, LME copper was trading around $5,967, when it touched aone-month low of $5,900. * Shanghai's benchmark third month copper contract SCFc3fell 50 yuan to 47,170 yuan. The more active January contractSCFc4 was flat at 47,140 yuan.
Full Story: METALS-Shanghai, LME copper drift after soggy US data - Reuters India
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