LIVE FUTURES REPORT 10/06: LME copper down to $9,980, other prices steady

June 11, 2021 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were little changed at the 5pm close of trading on Thursday June 10, with slight increases for aluminium and nickel, while prices dipped elsewhere on the complex.

The three-month copper price fell by 0.9% to $9,890 per tonne during Thursday trading, down from $9,978.50 per tonne at Wednesday's 5pm close, despite reaching an intraday high of $9,992.50 per tonne.
"Even if copper is still priced around $9,900 per tonne, the price rally appears to have come to a halt for now," Daniel Briesemann, industrial metals analyst at Commerzbank, said.

"Copper is no longer being lent buoyancy by speculative financial investors. According to...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok