LIVE FUTURES REPORT 29/12: Al, Ni down by over 1%; LME complex mixed

December 30, 2020 / www.metalbulletin.com / Article Link

Base metals futures prices on the London Metal Exchange were mixed on Tuesday December 29 morning, with slight gains for copper and nickel but decreases for aluminium and zinc with uncertainty still looming over the United States' coronavirus stimulus checks.

LME zinc's three-month price recorded the biggest loss on Tuesday morning, dropping by 1.7% to $2,793.50 per tonne from $2,842.50 per tonne on Thursday December 24. Aluminium recorded a drop of 1.38% to $2,002 per tonne amid an outflow of 6,075 tonnes of material from LME stocks on Tuesday morning, largely leaving warehouses in Port Klang, Malaysia at 3,675 tonnes and Singapore at 1,900 tonnes.LME copper's three-month price...

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