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

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok