LIVE FUTURES REPORT 27/03: LME copper closes below $4,800/t threshold

The three-month copper price on the London Metal Exchange closed below the $4,800-per-tonne psychological threshold on Friday March 27, finishing at the day $4,790.50 per tonne with a turnover of just 11,475 lots.

The underlying price hit an intraday high of $4,866.50 per tonne and a low of $4,768.50 per tonne on Friday.

Copper’s total LME on-warrant inventories remain high, at 177,025 tonnes on Friday with canceled stocks at 46,700 tonnes.
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Published

Rijuta Dey Bera

March 27, 2020

19:06 GMT

New York