LIVE FUTURES 23/07: LME base metals end week higher; nickel up 2.3%

July 24, 2021 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were mostly higher at the close on Friday July 23, with nickel up 2.3%.

Nickel traded in a wide range between $18,830 and $19,410 per tonne on Friday. The three-month contract closed at $19,372 per tonne, up from $18,922 per tonne on Thursday. Traded volumes were relatively low however, with just over 6,700 lots traded by the 5pm close.

"This has been fueled by concerns that Indonesia, a key nickel and tin producer, could extend its partial lockdowns because the number...

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