LIVE FUTURES 13/09: Nickel down 2.6% with most LME metals falling; aluminium touches $3,000/t

Prices for most metals fell on Monday September 13, except for aluminium, which set a new 13-year high of $3,000 per tonne on Monday.

Monday's price drops came after most metals reached year-to-date highs on Friday September 10.
Nickel's three-month price was down to $19,870 per tonne on Monday morning, a 2.6% decrease from its closing price of $20,392 per tonne on Friday.
The stainless-steel metal rose to as much as $20,705 per tonne on Friday as well, marking a 5.3% rise throughout last week. Tightness in its cash/three-month spread remained, with the spread at an even tighter $45 per tonne backwardation on Monday morning.

Zinc was down 1.1% to $3,089.50 per...

Published

Ana de Liz

September 13, 2021

09:53 GMT

London