LIVE FUTURES REPORT 10/06: Nickel, copper down over 1% ahead of US CPI data

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

Nickel and copper were down the most on the London Metal Exchange on June 10 morning, although all prices fell ahead of the release of US consumer prices data later on Thursday.

LME three-month nickel fell to $17,870.50 per tonne on Thursday at 9am, back to the same levels from the Monday close, following a 1% rise on Wednesday to $18,136 per tonne. 
The metal's price fell on Thursday after news that the strike at Vale's Sudbury nickel mine in east Canada will last until July, which kept it on the upside on Wednesday. 

Market sources expect the effects to be felt mainly in the United States, and particularly in cut cathode premiums,...

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