LIVE FUTURES REPORT 18/05: LME copper price drops to $9,200/t amid broad-based declines

June 19, 2021 / www.metalbulletin.com / Article Link

Most London Metal Exchange base metals prices continued to tumble on the morning of Friday June 18, with copper's three-month price heading for its worse weekly fall since the start of the pandemic, while nickel rebounded on dip-buying.

Copper has entered its fifth day of decline, opening at $9,250 per tonne on Friday at 9am, down from Thursday's closing price of $9,315 per tonne. Yesterday's 5pm price was down by 3.6% from Wednesday.

"[The copper price] is set for a weekly drop of 7.3% - the most since the pandemic hit world markets in mid-March last year - as the US Federal Reserve hiked its inflation forecast and signaled two rate hikes in...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

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
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok