Base metals prices on the London Metal Exchange ended mostly higher on Thursday December 4, with only tin bucking the overall upward trend.
The three-month nickel price gained more than $200 and copper ended $41.50 higher, albeit below $7,200 per tonne. "We remain positive on copper over the very short-term, expecting the rebound to continue at the start of the year. Our momentum-based indicators are positive, leading us to expect additional buying pressure in the days ahead," Metal Bulletin analyst Boris Mikanikrezai said."Over the next three months and beyond, we also have a constructive view because we think the...