Base metal futures decline following bounce

Base metal futures on the London Metal Exchange were down across the board at the 5pm close on Wednesday May 18, with the base metals unable to hold onto their gains from Tuesday.

“Metals markets remain in downtrends and the rallies this week have been largely of a short covering nature only.” Marex analyst Alastair Munro said.

Every base metal aside from nickel...

Published

Callum Perry

May 18, 2022

16:34 GMT

London