Base metals prices on the London Metal Exchange were down across the board at the 5pm close on Thursday November 4, with strength in the United States Dollar supporting price weakness across the complex.
The US Dollar Index was most recently at $94.39 after hitting an intraday high of $94.47, the highest level since October 13, with base metals trading downward as a result. The three-month aluminium price was down by 3.8% to $2,554.50 per tonne on Thursday, from $2,656 per tonne at Wednesday's 5pm close.Volumes for the lightweight metal have recovered somewhat from recent low activity levels, with 24,709 lots traded in a wide range of...