LIVE FUTURES REPORT 21/03: LME base metals prices bounce back with dollar weakness setting in

Base metals prices on the London Metal Exchange closed higher across the board on Wednesday March 21 after the dollar weakened slightly.

The three-month copper price staged a recovery back toward the $6,800 per tonne support level. The red metal has come under pressure in recent days following easing supply concerns.

Aluminium and nickel price remained rangebound, both closing marginally higher while the metals industry awaits news from the conclusion of the US Federal Reserve meeting.

“We will have to wait and see what happens later today with the Federal Reserve meeting, but we think the Fed will...

Published

Alice Mason

March 21, 2018

18:12 GMT

London