LME volumes shoot up in August; Al up 24% y-o-y

The London Metal Exchange’s average daily volumes (ADVs) increased for the second month in a row, climbing 16.8% in August from the previous year.

Aluminium and lead volumes have climbed considerably compared with last year, with a majority of the base metals complex in positive territory following an uplifting August where prices achieved record highs. Copper’s ADV was 2.5% higher than August 2016 at 139,973 lots, on top of a 6.1% yearly rise in July. This follows significant declines in volume over the last few...

Published

Alice Mason

September 14, 2017

11:46 GMT

London