Prices down for most LME futures, aluminium down nearly 2%
Base metal futures prices were largely down across the London Metal Exchange complex at the 5pm close of trading on Tuesday November 9, despite gains made on Monday.
Prices reversed across the board on the LME, initially trending higher before eventually scaling back by the close.
The US Dollar Index rose throughout the day, supporting this price move. It was up to 94.05 by 5pm, from 93.96 at 9am.
The three-month aluminium price fell by 1.9% to $2,556.50 per tonne at Tuesday’s close, despite rising above $2,600 per tonne on Monday for the first time since November 3.
The US Dollar Index rose throughout the day, supporting this price move. It was up to 94.05 by 5pm, from 93.96 at 9am.
The three-month aluminium price fell by 1.9% to $2,556.50 per tonne at Tuesday’s close, despite rising above $2,600 per tonne on Monday for the first time since November 3.
