LIVE FUTURES REPORT 03/03: LME copper price rises continue; aluminium nears 2021 high

March 04, 2021 / www.metalbulletin.com / Article Link

The London Metal Exchange three-month copper price picked up above the $9,200 per tonne mark and aluminium neared its 2021 high in morning trading on Wednesday March 3, while the rest of the complex was largely stable following a rally of over 3.5% on copper and tin prices on Tuesday.

Copper's price rose by 0.6% on Wednesday morning to around $9,225 per tonne, following increases since the start of the week from $9,170 per tonne on Monday. The three-month copper price reached a year-to-date high of $9,617 per tonne last week.

"For the greater part most of us will simply be glad to get today's option expiration behind us and then perhaps we can see where the prices will actually go when left to their own devices," Kingdom Futures director...

Recent News

Global trade tensions ease and inflation continues to decline

May 19, 2025 / www.canadianminingreport.com

Gold stocks down as metal slumps and equities rise

May 19, 2025 / www.canadianminingreport.com

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok