Base metals prices on the London Metal Exchange were up across the board during trading on Monday October 4, pushed upward by ongoing power-rationing policies in China and surging energy costs affecting production in the physical market.
Nickel was the only exception, with the three-month nickel price down by 0.3% on Monday to $17,924 per tonne from $17,971 per tonne at Friday's 5pm close."The squeeze in energy prices appears set to continue to be supportive with the production implications of supply...