LIVE FUTURES 12/10: LME price movements mixed on inflation, energy concerns

Base metals prices on the London Metal Exchange were mixed at the 5pm close on Tuesday October 12 amid concerns over inflation, and rising energy costs and power outages in China.

The three-month price of aluminium continued its upward momentum during Tuesday’s trading, closing at $3,068 per tonne, up from $3,064 per tonne on Monday. The lightweight metal hit an intraday high of $3,114.50 per tonne after 22,180 lots were traded during the day. “The worsening energy crisis, which is stretching from Asia to Europe, is resulting in factory slowdowns and...

Published

Imogen Dudman

October 12, 2021

16:48 GMT

London