Copper eased down on demand worries

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Source: Dukascopy Bank SA
Industry metals ended the week on a negative note as weak manufacturing activity worldwide and rising bond yields in peripheral countries of the Eurozone both weighted down on the base metals pack.

Aluminum lost 2.52% at LME amid deteriorating investors' confidence and weak global equities.

Copper traded lower on Friday on stronger US Dollar and escalating concerns over the global economic stagnation. Easing measures by the ECB failed to convince traders in fast recovery of the region.

Nickel slid after CaNickel Mining Ltd announced that the firm will continue to halt its operations at Bucko Lake Nickel mine because of low prices.

Zinc eased down on global demand concerns as China's economic expansion is likely to have slowed down more than expected last quarter.
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