The three-month nickel and tin prices on the London Metal Exchange were the standout performers at the close of trading on Wednesday August 26, with an 11.2% uptick in US durable goods orders supporting the base-metals complex.
Meanwhile, steady buying in LME copper futures saw the metal's outright price approach key resistance at $6,600 per tonne.Nickel's underlying price on the LME closed at $15,159 per tonne on Wednesday afternoon, climbing by more than 1% from an intraday low of $14,975 per tonne, while turnover was moderate at just over 7,700 lots exchanged by the 5pm close.Similarly, LME tin's outright price rose by more than 1% from a daily low of $17,410 per tonne, to close at $17,550 per tonne on...