LIVE FUTURES REPORT 04/12: LME zinc up near 3%; complex steady at recent highs

The London Metal Exchange base metals complex ended around its recently established highs, with nickel making the largest rise of around 3% on Friday December 4.

LME nickel's three-month price closed at $16,399 per tonne at 5pm on Friday, a 2.8% increase from its Thursday close of $15,954 per tonne and up 0.8% from the beginning of the week.  
The metal had a rocky week, closing at $16,270 per tonne on Monday before dropping to $15,954 per tonne at the close on Thursday, 1.7% lower than $16,000 per tonne on Wednesday's close.
Nickel reached $16,420 per tonne during trading on Friday, around $100 short of the week and year-to-date high of $16,525 per tonne reached on Monday November 30. 

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Published

Ana de Liz

December 04, 2020

17:48 GMT

London