LIVE FUTURES 16/09: Lead the only riser while nickel plunges 3.3%

There was a divergence in London Metal Exchange prices in the morning of September 16, with lead being the only metal to register gains, while copper, aluminum and nickel all fell - with the latter down by almost $1,000.

Lead's three-month price, after a few days of persistent selling, was up by a slight $7 to $2,242 per tonne on Thursday at 9am. On Wednesday, the metal touched $2,213 per tonne, its lowest since late June. 
Some 4,000 tonnes of lead warrants were canceled on Thursday, according to LME data, with the amount of metal booked for removal rising to 36% of the total 52,900 available. 

Its sister metal zinc remained above the $3,000 per tonne mark, dropping by just $9 to...


Ana de Liz

September 16, 2021

09:40 GMT