LIVE FUTURES REPORT 14/01: LME zinc falls 1.7%; nickel is sole metal to gain

Zinc registered the biggest fall and nickel was the only metal to post gains in the morning session at the London Metal Exchange on Thursday January 14.

The base metals complex remains unsettled ahead of United States president-elect Joe Biden’s impending stimulus announcement. 
Zinc’s three-month price was down 1.7% to $2,727.50 per tonne on Thursday at 9am, down from Wednesday’s 5pm close of $2,773 per tonne. 
The galvanizing metal reached its highest price so far in 2021 last week, reaching $2,897 on Friday January 8, and has steadily decreased since then. 

Since the middle of November 2020, zinc’s forward price has traded above the $2,700 per tonne mark - going as high as $2,900 per tonne...


Ana de Liz

January 14, 2021

09:56 GMT