LIVE FUTURES REPORT 21/09: LME zinc, copper prices tumble as markets sour on Fed projections

September 22, 2020 / www.metalbulletin.com / Article Link

Base metals futures fell on the London Metal Exchange on Monday September 21, with the US markets reacting negatively to the forecast from that country's Federal Reserve bank (the Fed) that it will keep interest rates largely unchanged at low levels for the next three years.

The price of zinc on the LME for delivery in three months' time closed at $2,458 per tonne at 5pm on Monday, down by 3.1% from Friday's level.And LME 3-month copper was down by 1.8% against Friday's close at a one-week low of $6,691 per tonne.The Standard & Poor's 500 index of large companies was...

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