LIVE FUTURES REPORT 08/10: LME base metals prices finish lower bar copper

The prices of base metals on the London Metal Exchange were mostly lower at the close of trading on Monday October 8, pressured lower by strength in the US dollar while trade tensions continue to deter commodity investment.

News over the weekend of a resumption of operations at half of capacity at amid Hydro Alunorte in Brazil was a major factor in the 3% fall in the three-month aluminium price - despite total on-warrant aluminium stocks remaining at their lowest since 2005. “Judging by this morning's price action, the market is generally nervous even though most base metals' micro-dynamics have improved. LME Week 2018 is set to be a...


Hassan Butt

October 08, 2018

17:56 GMT