LIVE FUTURES REPORT 11/06: Base metals lose ground, LME aluminium dips 2%

June 12, 2020 / www.metalbulletin.com / Article Link

All base metals lost ground during trading on Thursday June 11, with the London Metal Exchange three-month aluminium price falling by 2% to close at $1,601.50 per tonne.

There were 15,086 lots of aluminium traded on Thursday, and the underlying aluminium price touched an intraday high of $1,629.50 per tonne, although that is still lower than Wednesday's closing price of $1,638 per tonne.LME aluminium stocks remain elevated, and totaled 1,535,250 tonnes on Thursday, after the fresh cancelation of 450 tonnes across LME registered sheds in Johor and...

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