LIVE FUTURES REPORT 17/11: Aluminium surpasses December 2018 high; Copper dips after bullish Monday

Aluminium’s three-month price on the London Metal Exchange was among the best performers at the end of trading on Tuesday November 17, with prices stabilizing after a bullish trading session on Monday.

The three-month price for the light metal rose by 1.36% from Monday’s closing price, to reach $1,977.50 per tonne on Tuesday.  A price above $1,970 per tonne for aluminium has not been reached on the LME futures exchange since December 5, 2018, when the metal’s closing price was $1,973 per tonne.  Conversely, the three-month price for copper saw a slight dip as of 5pm on Tuesday, at $7,068 per tonne, a 0.56% decline from Monday’s 5pm close.  This follows an enthusiastic mood...

Published

Ana de Liz

November 17, 2020

18:45 GMT

London