Metals Have ‘Good Underlying Demand,’ London Metal Exchange Says

By Claudia Carpenter and Juan Pablo Spinetto

Oct. 12 (Bloomberg) -- Industrial metals have “good underlying demand,” London Metal Exchange Chief Executive Officer Martin Abbott said.

“Everybody has talked about China, Asia as a whole” for the demand, Abbott said in an interview in London today. “I don’t believe anything strange is happening in the world of metals pricing.”

To contact the reporter on this story: Juan Pablo Spinetto in London at jspinetto@bloomberg.net