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LIVE FUTURES REPORT 16/09: LME copper price sinks below $5,900 in afternoon downturn; nickel sell-off continues

The three-month copper price on the London Metal Exchange was lower at the close of trading on Monday September 16, below nearby support levels, while a continued sell-off in nickel futures saw that commodity’s outright price fall by 2.6%. Volumes traded in copper over the afternoon were moderate, with some 17,000 lots exchanged by the…

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LIVE FUTURES REPORT 16/09: LME nickel price falls 2.5% despite outflows; copper holds above $5,900/t

The three-month nickel price on the London Metal Exchange was lower during morning trading on Monday September 16, retreating toward $17,300 per tonne, ignoring stock outflows that have brought on-warrant material down to its lowest level in eight years. Turnover has been moderate for the base metals complex so far this morning, with copper traded…

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