LME base metal futures largely up, aluminium closes above $3,100, nickel up 2.7%

Base metal futures on the London Metal Exchange were largely up at the 5pm close on January 20, providing a second day of price increases and building on gains from the previous day.

Analysts believe that rates reductions by the People’s Bank of China are partially supporting the current positive moves in base metal futures. “In our opinion, they [base metals prices] profited from the...

Published

Carrie Bone

Callum Perry

January 20, 2022

17:49 GMT

London