LIVE FUTURES REPORT 31/12: LME base metals all lower; more cancellations for ali

Base metals prices on the London Metal Exchange were lower across the board during morning trading on Tuesday December 31, failing to find support.

Nickel’s three-month price climbed to $14,315 per tonne at the close on Monday, but is currently trading back below $14,300 per tonne. Stocks continue to rise, with a further 4,020 tonnes delivered into LME sheds this morning. Some spread amongst warehouse in Asia and 2,910 tonnes in Rotterdam. “As 2019 draws to a close and we move into a new decade the metals...


Alice Mason

December 31, 2019

09:58 GMT