LIVE FUTURES 20/08: Nickel up 1.3% with most LME prices recovering from torrid Thursday

August 21, 2021 / www.metalbulletin.com / Article Link

Nickel and copper were up by 1% and above in the LME morning session on Friday August 20, with most base metals bouncing back from Thursday when all prices declined.

A higher US Dollar Index - which touched a new year-to-date peak of 93.65 on Friday morning - and renewed concerns about demand due to the ongoing spread of the Covid-19 Delta variant were key factors behind Thursday's price falls. 
On Friday at 9am, nickel's price was up to $18,620 per tonne, up by more than 1% from its Thursday closing price of $18,385 per tonne.

That was its lowest level this week, with the price having fallen 2.6% on Thursday - as...

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