LIVE FUTURES REPORT 28/05: 19k cancellation supports copper; LME metals lackluster

Base metals prices were mixed during morning trading on Thursday May 28, with geopolitical tensions still weighing on the complex.

The tensions did not appear to phase the LME copper price, which was the best performer in the complex and recovered just over 1% after closing 1.9% lower yesterday. The LME three-month copper price was up $59.50 from the May 27 close reach to $5,319 per tonne during morning trading on Thursday May 28. “Risk sentiment continues to improve, with equities moving strongly higher this week. The market has shifted its focus to the economic recovery following the removal of...

Published

Alice Mason

May 28, 2020

10:00 GMT

London