LIVE FUTURES REPORT 30/11: LME base metals prices broadly firmer in morning trading, market focus on G20 summit

December 01, 2018 / www.metalbulletin.com / Article Link

Most base metals prices ticked higher in morning trading on the London Metal Exchange on Friday November 30, with lead the best performer of the morning.

Lead led the complex gains, with the three-month price rising by 1.65% from the previous day's close to $1,963 per tonne. LME lead stocks have consistently declined since September and was recently at 105,200 tonnes, a fresh 2018-low. Nickel and zinc's LME three-month prices climbed to $11,075 per tonne and $2,484 per tonne respectively this morning. Tin's three-month price climbed 0.16% to $18,555 per tonne in morning trade, while the LME stocks rose 95 tonnes or 3.27% to 3,000 tonnes. Both copper and aluminium futures were the outliers, relatively flat...

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