LIVE FUTURES REPORT 19/06: LME base metals prices stronger; nickel and copper break higher

Base metals prices on the London Metal Exchange closed mostly higher on Monday June 19, building on pre-weekend gains.

Although tin ended $75 lower – the metal continues to consolidate after last week’s 2.76% rebound – the rest of the complex closed in positive territory, with zinc up around 1.2%. On-warrant zinc stocks fell 14.5% to 144,975 tonnes, the lowest since July 2008, after 22,350 tonnes were cancelled – a move centred on Antwerp and New Orleans. The three-month nickel price closed above $9,000 per tonne for the first time since May...


Alice Mason

June 19, 2017

17:36 GMT