LIVE FUTURES 22/11: LME aluminium back at $2,800/t; copper, nickel continue to slide

London Metal Exchange base metals prices were mostly lower at the 5pm close on October 22, with investors looking to book profits from peaks reached earlier in the week.

Aluminium's three-month price rolled back most of the gains made so far this month, with its closing price on Friday at 5pm, at $2,868 per tonne, being the lowest since October 6, with more than 37,000 lots traded. 
The metal was down 9.4% from he start of the week, having closed at $3,167 per tonne on Monday, the same day as reaching a new 2021 peak of $3,229 per tonne. 

Profit taking took over after morning trading, but the light metal found support and stayed...


Ana de Liz

October 22, 2021

17:39 GMT