Base metals prices on the London Metal Exchange consolidated higher at the close of trading on Friday January 10, edging slightly upward on moderately low turnover, while volatility in the aluminium complex saw strong stock moves make little change to its outright price.
Aluminium's underlying price settled at $1,806 per tonne in the afternoon, a climb of just 0.1% over the day, while the total volume traded was low at just over 10,000 lots exchanged by the close, the lowest daily amount since December 24.As a result, the LME's latest warehouse queue report showed increased waiting times for the...