LIVE FUTURES 20/09: Copper, nickel shed over 2%; 70kt of LME aluminium in Malaysia booked for removal

All base metals prices on the London Metal Exchange were lower on the morning of Monday September 20, with a number of uncertain macroeconomic factors weighing on the market.

The three-month copper price, for example, touched $9,052 per tonne on Monday during early trading - its lowest since June 21. This is a 2.8% decrease from its closing price of $9,312 per tonne last Friday. The red metal fell by 2.6% last week. The nickel futures contract, meanwhile, was down by 2.6% at 9am on Monday morning, at $18,855 per tonne, compared with its closing price of $19,358 per tonne last Friday. The three-month lead price fell for a sixth consecutive day to $2,168.50 per tonne, following a...

Published

Ana de Liz

September 20, 2021

09:15 GMT

London