This article will be updated throughout the day with the latest on prices, comments, economic data and analysis.
Update at 17:23 London time
| 5PM Evening evaluations |
| |
Closing price ($/t) |
Daily change (%) |
Week to date change (%) |
| Copper |
4580 |
-1.10 |
-5.08 |
| Aluminium |
1450 |
-1.16 |
-2.75 |
| Zinc |
1560 |
1.83 |
-3.82 |
| Lead |
1594 |
0.50 |
-1.06 |
| Nickel |
8735 |
-2.40 |
-7.32 |
| Tin |
14645 |
-0.03 |
-0.64 |
Update at 16:55 London time
Zinc was the outperformer of the LME base metals in Friday’s official session, rallying to close up 5.85% from Thursday’s close.
The metal’s three-month price pushed through $1,500 and $1,600, posting an intraday high of $1,620.50 just after 10am in London, buoyed by the announcement of production cuts from major Chinese smelters.
Here's what we know about the planned cuts so far.
Zinc fell...
