Base metals prices on the London Metal Exchange mostly edged higher at the close on Friday November 5, after a week of volatility across the complex.
The aluminium three-month price stabilized after falling 3.8% on Thursday. It closed at $2,556.50 per tonne, from $2,554 per tonne the previous day."Maybe [the price drop is because of] China coal; maybe it's macro fears. It's a weird one with premiums still high on the VAP side," a European aluminium trader said. "Fundamentally, the price should be higher - energy...