Base metals close first trading day of the week with big losses; tin down 5.3%

Base metal prices on the London Metal Exchange were almost all down at the close of trading on Monday February 6. Tin, nickel and zinc recorded large losses, while a strengthening dollar led to increased selling pressure.

Three-month base metals prices on Monday’s 5pm close compared with Friday February 3’s 5pm close: • Copper: $8,871.50 per tonne, down 1.2% • Aluminium: $2,533.50 per tonne, down 1.4% • Nickel: $27,258, per...

Published

Josh Fulton

February 06, 2023

18:05 GMT

London