LIVE FUTURES 04/08: Mild decreases for most LME metals amid low volumes

London Metal Exchange prices were under pressure for the second day in a row at the close on Wednesday August 4, in a trading session which had the lowest volumes since mid-July for many metals.

Nickel's three-month price was down to $19,243 per tonne - a fall of $145, or 0.7% - from Tuesday's closing price. Its volumes, at 6,450 lots traded by 5pm, were at their lowest since July 21. 
The news that Vale had officially reached an agreement with workers at the Sudbury mine in Canada, ending a two-month strike, eased prices. On Tuesday, the metal's intraday bottom was of $19,125 per tonne, the lowest since July 23. 

"The key support is at the...


Ana de Liz

August 04, 2021

16:37 GMT