LIVE FUTURES REPORT 26/02: 62kt fresh inflow pressures LME copper; nickel suffers losses [CORRECTED]

The London Metal Exchange three-month copper price fell in the morning of Wednesday February 26, with fresh inflow of 62,335 tonnes across various locations putting pressure on the price.

As well, the three-month nickel price failed to maintain Tuesday’s gains. Copper’s outright price was recently at $5,633.50 per tonne, edging closer to the $5,600-per-tonne support level after closing at $5,685 per tonne on Tuesday afternoon. Turnover was strong in copper over the morning, with 9,800 lots exchanged as...

Published

Hassan Butt

February 26, 2020

10:55 GMT

London