Copper canada goose black friday sale slips on Chile strike mediation
LONDON, Feb 14 (Reuters) Copper slipped into Canada Goose Coats On Sale the red on Tuesday on hopes canada goose coats on sale strike talks would restart Canada Goose Parka at the world biggest copper mine in Chile while aluminium touched its highest in 21 Canada Goose sale months on renewed concerns about potential closures of Chinese smelters to cut pollution. interest rates.
Benchmark copper on the London Metal Exchange closed down 1.4 percent at $6,021, pulling back from a session high of canada goose deals $6,190 and after hitting its highest since May 2015 on Monday canada goose outlet store locations at cheap Canada Goose $6,204.
Striking workers at Chile massive Escondida copper mine have accepted a government invitation to try to resume dialogue with mine operator BHP Billiton as the strike entered its sixth day on Tuesday.
Traders said the news hit a market Canada Goose Online worried that funds canada goose coats who have taken bullish positions might be ready to sell on any signal that the strike may be canada goose concluded.
markets are very nervous and when it looked like someone canada goose store sold a large amount, that Canada Goose Jackets just swept the market down. Any move down will attract some panic sellers, a trader in London said.
There was no guarantee, however, that the two sides would make progress canadian goose jacket in the mediation.
quite a wide gap between what workers are wanting and what BHP is offering, Warren Patterson, commodities strategist at ING in Amsterdam, said.
Offering some support to copper were persistent supply issues in Indonesia, where an export ban remained in place.
Freeport McMoRan Inc has halted production of concentrate at Grasberg in Indonesia, the world second largest copper mine, in a long running dispute over investment guarantees.
Aluminium bucked the weaker trend and ended up 0.9 percent at $1,887, paring gains after touching a session peak of $1,907, a high since May 13, 2015.
In a sign of growing public anger about pollution, hundreds of residents in a northeastern Chinese city Canada Goose Outlet protested against the building of an aluminium processing plant.
This came Canada Goose online a day after Reuters canada goose clearance reported a buy canada goose canada goose outlet toronto factory jacket getcanadagooseoutlet cheap draft policy document showed that the world biggest metals consumer was considering forcing steel and aluminium buy canada goose jacket producers to cut more output 2018 canada goose outlet as Beijing intensifies its war on smog.
the proposed measures are applied this should impact a significant proportion of current China steel canada goose clearance sale and aluminium output, canada goose replica Alastair Munro at broker Marex Spectron said in a note.
Elsewhere, lead dropped 2.7 percent to close at $2,355.50, zinc dipped 0.5 percent to $2,903, nickel added 0.4 percent to $10,770 and tin fell canada goose outlet toronto factory 0.4 percent to $19,925.