LIVE FUTURES 24/09: Zinc close to new 2021 high, aluminium down 1.2% but still above $2,900/t

LME zinc's three-month price was just $2 away from setting a new year-to-date high, while aluminium's three-month price was the only one to close lower in the afternoon session on Friday September 24.

The intraday high for zinc's futures contract was of $3,138 per tonne, just a couple of dollars short of its previous 2021 high of $3,140 per tonne from September 17.
The metal was spurred on by news that one of Europe's largest smelters, Nyrstar, is to cut production due to high power prices on the continent - similar to the situation recently faced by zinc and lead smelters in China.

The zinc price was at $3,128.50 per tonne on Friday at the close, up 1.8% from...

Published

Ana de Liz

September 24, 2021

16:47 GMT

London