Base metals on the London Metal Exchange closed lower on Friday December 12, with a higher dollar and stock increases putting pressure on prices.
Aluminium closed at a slightly lower $1,926 per tonne - a 57,000-tonne delivery into LME-listed warehouses this morning ruled out a move back towards $2,000 per tonne.The three-month copper price also closed slightly lower than Thursday's closing level at $6,131.50 per tonne, with the complex lacking any momentum to push higher. "Base metals are also under much more pressure than they were yesterday... We are also starting to see slight upticks in a number of LME inventory holdings emerging more frequently," INTL FCStone analyst...