LIVE FUTURES 14/09: Al falls 2.3%, LME prices down as selling, consolidation continues

Selling on the London Metal Exchange continued on Tuesday September 14, with all prices declining for a second day.

"We get the feeling that the markets are in the midst of an overdue correction as there does not seem much that is new for the bulls to feed on and thus justify another push higher," ED&F Man's head of commodity research Edward Meir said on Tuesday afternoon.  Aluminium - the recent star of the complex - fell the furthest, to $2,831 per tonne on Tuesday. It dropped to $2,896.50 per tonne on Monday, on the same day that it set...


Ana de Liz

September 14, 2021

16:27 GMT