LME base metals prices rise ahead of US FOMC policy statement

Base metals price changes on the London Metal Exchange were positive on Wednesday March 22, with the exception of nickel. The market appeared bullish before the release of the US government’s Federal Open Market Committee (FOMC) policy statement later in the day.

Three-month prices at the 5pm close of trading on Wednesday, compared with the 5pm close on Tuesday:
• Copper: $8,888.50 per tonne, up by 1.5%

• Aluminium: $2,286.50 per...


Josh Fulton

March 22, 2023

18:12 GMT