LIVE FUTURES REPORT 27/12: LME nickel price drops 1.8% but copper up 0.5%

Nickel and tin dipped in the morning trading session on the London Metal Exchange on Friday December 27 but the rest of the base metals were firm after the Christmas break

“While the LME was away yesterday it’s fair to say little happened in its absence. Prices have started the day as a mixed bag,” Kingdom Futures CEO Malcolm Freeman said in a morning note. The LME three-month nickel price fell furthest, shedding 1.8% from its close on Tuesday December 24 close to trade recently at $14,070 per tonne. Cancellations of 4,068 tonnes of warrants failed to buoy the...

Published

Amy Hinton

December 27, 2019

10:05 GMT

London