LIVE FUTURES REPORT 07/06: Decreases of over 1% for zinc, nickel; tin stocks at highest since Dec

June 08, 2021 / www.metalbulletin.com / Article Link

Nickel and zinc's three-month prices lost more than 1% during the morning session on the London Metal Exchange on Monday June 7, amid a general decline of the base metals complex following the release of worse-than-expected United States employment data on Friday.

Nickel's three-month price was at $17,765 per tonne on Monday at 9am, a 1.4% fall after edging slighter higher to close at $18,020 per tonne on Friday. Three-month zinc fell to $2,974 per tonne at 9am, from a close of $3,010.50 per tonne on Friday, which was a 0.9% gain on its Thursday price. The small gains made on Friday were the result of US non-farm payroll data showing that 559,000 jobs were created in May, up from the previous month, but below...

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