Aluminium C/3M in backwardation on LME; most prices consolidate

London Metal Exchange base-metals futures contracts traded around their recent levels at the close of trading on Monday January 17, but with tin as an the exception, jumping by 2.4% from Friday’s price.

There were expectations of a bump in metals prices on Monday following the decision by the People’s Bank of China to cut interest rates on its medium-term lending facility. “The government...

Published

Ana de Liz

January 17, 2022

17:33 GMT

London