LIVE FUTURES REPORT 18/09: LME copper close above $6,860/t provides boost for base metals complex

The London Metal Exchange three-month copper price hit a new 2020 high on Friday September 18, providing a welcome boost for the base metals complex.

All LME three-month base metals prices, with the exception of nickel, saw gains on Friday, with copper reaching a new high of $6,875 per tonne before eventually closing at $6,861 per tonne after trading a little more than 15,720 lots. There are 78,900 tonnes of copper stocks across LME sheds globally and the red metal’s cash/three-month...

Published

Rijuta Dey Bera

September 18, 2020

18:18 GMT

New York