Aluminium, copper LME prices notch losses on strong dollar and declining power costs

November 17, 2021 / www.metalbulletin.com / Article Link

Copper and aluminium London Metal Exchange prices closed lower on Tuesday November 16, with a stronger dollar pushing prices down.

The aluminium three-month price closed at $2,574 per tonne on Tuesday, down from $2,657 per tonne at Monday's close.

Market participants attributed the fall to a strong dollar, which makes buying metals using other currencies expensive and pushes demand...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok