MT: copper rebounds in 'five-minute' pre-market rally
Copper prices rose in early trading on the London Metal Exchange on Monday after heavy losses last week. The three-month contract opened at $6,390 per tonne before rising as high as $6,475 per tonne amid short-covering and improving sentiment. The red metal traded no lower than its open and was changing hands at $6,428 per tonne at 09:59 GMT. “Copper seemed to build a base at $6,250 on Friday. This morning...
