LIVE FUTURES 23/09: Al and nickel edge up, copper down 0.1%; Evergrande deadline moves closer

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

Base metals prices on the London Metal Exchange were largely up on Thursday September 23; the market continued to cautiously anticipate the outcome for Chinese real estate giant Evergrande while the debt deadline edges closer.

"Equity markets have made a steady start so far on Thursday," James Moore, analyst at Fastmarkets said, "even after the United States Federal Reserve signaled that it will soon scale back its asset-purchase program and more officials forecast that interest rates could rise as early as next year."

"Reports of a deal by Chinese construction giant Evergrande averting an imminent default have also...

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