LIVE FUTURES 12/10: LME price movements mixed on inflation, energy concerns

October 13, 2021 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were mixed at the 5pm close on Tuesday October 12 amid concerns over inflation, and rising energy costs and power outages in China.

The three-month price of aluminium continued its upward momentum during Tuesday's trading, closing at $3,068 per tonne, up from $3,064 per tonne on Monday.The lightweight metal hit an intraday high of $3,114.50 per tonne after 22,180 lots were traded during the day."The worsening energy crisis, which is stretching from Asia to Europe, is resulting in factory slowdowns and...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok