LME base metals prices mixed at week's end; aluminium, nickel, copper all up

November 20, 2021 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were mixed, but largely up at the 5pm close on Friday November 19, after a week of choppy trading.

"We seem to be following a similar pattern to last week," Marex LME desk analyst Alastair Munro said."Macro-inspired weakness during the first part of the week has given way to a bout of short-covering [activity] into the weekend," he added.The three-month copper price was up by 3.6% to $9,646.50 per tonne on Friday, returning to levels seen at the beginning of the week after dropping to a low of $9,315 per tonne on Wednesday."In the...

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