LIVE FUTURES REPORT 31/12: LME base metals dip day on day but end year higher vs Jan 2020

Base metal prices on the London Metal Exchange edged lower at the close on Thursday December 31, with a number of participants still out of the market due to the holiday season.

But the majority of metals did close higher than where they opened the year on January 2, 2020. Three-month copper fell by $81.50 per tonne day on day to close at $7,766 per tonne. But the price was up by more than 25% from the start of the year, when it opened at just $6,188.50 per tonne. The market was quiet on Thursday, with low volumes traded on the LME. The complex...


Alice Mason

December 31, 2020

15:46 GMT