Copper fell after US manufacturing data

Note: This section contains information in English only.
Source: Dukascopy Bank
Industrial metals advanced on Thursday despite negative economic data from the US and the Euro Zone.

Aluminum added almost 1%, being buoyed by recent production decline at Tajikistan's Aluminum. Moreover, premiums from Japan rose and may lend support to the light metal.

Copper was the only loser as cancelled warrants at LME stayed weak. Adding to the negative mood of the metal, Philly Fed manufacturing Index fell unexpectedly by 14.3 points to 5.8 in May.

Nickel continued its bullish trend amid expected supply disruption after Vale declared force majeure at its Goro mine.

Zinc was marginally higher as weak spot supply lifted the metal's price. However, the upswing was limited by the Euro Zone's uncertainty and soft demand.
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