LIVE FUTURES REPORT: Base metals prices rebound, aluminium stocks continue to fall

July 10, 2021 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange increased across the board during morning trading on Friday July 9.

The three-month aluminium price was most recently trading at $2,465 per tonne, up $23 from Thursday's close. It has retreated from a high of $2,581.50 per tonne on Monday.

Stock availability continues to fall, with a further 10,525 tonnes of aluminium delivered out across multiple different locations. Total stock levels are now just above 1.5 million tonnes while on-warrant available stock is just 902,225 - its lowest level...

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