LIVE FUTURES REPORT 24/05: Zinc price down 1.4%; rest of LME complex consolidating

May 25, 2021 / www.metalbulletin.com / Article Link

The three-month zinc price on the London Metal Exchange recorded the biggest decrease on the morning of Monday May 24, with the rest of the base metals complex continuing to consolidate following last week's decline.

The zinc price was down to $2,927 per tonne on Monday at 9am from Friday's closing price of $2,971 per tonne, when it rose by a slight $12.

The galvanizing metal price fell by 1.4% over the past week from its closing price on May 17 when it was at $3,014 per tonne, despite reaching a year-to-date peak of $3,108.50 per tonne on May 18.

Copper's three-month price rebounded slightly on Monday morning to $9,905 per tonne, after...

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