LIVE FUTURES REPORT 21/09: LME base metals rally higher; copper up 2%

By Alice Mason / September 21, 2018 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were trading higher across the board on Friday September 21, with copper leading the way.

The three-month copper price hit a one-month high of $6,244 per tonne this morning, rallying over 2% from Thursday's close."Exactly what triggered the move is not clear to me but the result is certainly clear enough as all ships rise on the bullish tide with copper yet again showing that it does what it should to, but only when it wants to, not when the market thinks it should," Matt France of Marex Spectron said."The speed of the up move today has meant most people are struggling to get back in which is so often the sign of a truly bullish market especially when you...

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