Aluminium and lead up over 1% with small gains for all LME prices

London Metal Exchange prices were all slightly higher at the close of trading on December 1, aided by a softer United States Dollar Index and positive manufacturing purchasing manager's index (PMI) data from Europe and the US.

The US Dollar Index was at 95.95 on Wednesday at 5pm, broadly stable from Tuesday but markedly lower than Monday's reading at the close of 96.20.  Manufacturing PMI data released on Wednesday remained stable in Europe, with that index at 58.4 in November, little changed from October's reading of 58.3. In the US, the Institute for Supply Management's manufacturing PMI was at 61.1 in November, up from 60.8 in October. "A very healthy outcome, and with both production...

Published

Ana de Liz

December 01, 2021

17:39 GMT

London