LIVE FUTURES REPORT 14/08: Aluminium trades at 2-week low; most other base metals rebound

London Metal Exchange aluminium futures closed at their lowest level in two weeks, but copper, lead, nickel and tin finished the day strongly, rebounding after losses in previous days.

The LME's three-month aluminium 5pm closing price was $1,746 per tonne on Friday August 14, down by $7.50 per tonne from Thursday's close and marking its lowest closing level since July 31.
Prices were under downward pressure after Shanghai Futures Exchange inventories increased by 6.6% this week on reduced apparent demand in China.

Chinese retail...


Archie Hunter

August 14, 2020

18:00 GMT