LIVE FUTURES 14/09: Al falls 2.3%, LME prices down as selling, consolidation continues

September 15, 2021 / www.metalbulletin.com / Article Link

Selling on the London Metal Exchange continued on Tuesday September 14, with all prices declining for a second day.

"We get the feeling that the markets are in the midst of an overdue correction as there does not seem much that is new for the bulls to feed on and thus justify another push higher," ED&F Man's head of commodity research Edward Meir said on Tuesday afternoon. Aluminium - the recent star of the complex - fell the furthest, to $2,831 per tonne on Tuesday. It dropped to $2,896.50 per tonne on Monday, on the same day that it set...

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