Declines in metals this year are not really driven by metals fundamentals, but a broader macroeconomic environment," Widmer tells Bloomberg in an interview. Copper in LME warehouses is around 549,900 metric tons this week but Widmer says there has been a steady rise in bookings this month to remove 16,000 metric tons of the metal from warehouses registered with the LME-which signals growing demand from manufacturers....
