LIVE FUTURES REPORT 22/03: LME zinc up 1.3%; aluminium price still rising, cancellations continue

March 23, 2021 / www.metalbulletin.com / Article Link

The London Metal Exchange three-month zinc price rose by the most in the base metals complex on Monday March 22, while the aluminium price reached a new year-to-date high amid continued cancellations at LME warehouses.

Zinc's futures price was at $2,874.50 per tonne on Monday at 9am, having reached $2,880 per tonne during earlier trading, the most for the metal since February 25.

Monday morning's gains follow an increase of 1.6% to $2,837 per tonne at the close on Friday, with supply issues looming from a strike of transport workers in...

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