LIVE FUTURES REPORT 05/11: US election uncertainty leaves LME base metals mixed; Al below $1,900/t

November 06, 2020 / www.metalbulletin.com / Article Link

London Metal Exchange three-month base metals prices were mixed during morning trading on Thursday November 5, with slow progress in the US presidential election capping momentum, while aluminium futures fell after a contango returned across its benchmark forward curve.

At the time of writing, presidential candidate Joe Biden remains ahead of incumbent Donald Trump, according to data compiled by the Associated Press.A number of key swing states are still counting ballots however, notably those in Pennsylvania, Georgia and North Carolina, although many feel that Biden's position continues to strengthen despite Trump performing better than polls had predicted."It would be fair to say the US election has lived up to expectations of a showdown with Biden looking like he may well win and President...

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