LME base metal futures trend higher; further 10,000t of aluminium canceled in Gwangyang

Most base metal futures prices trended slightly higher in morning trading on the London Metal Exchange on Thursday September 14, despite poorer-than-expected economic data released from the United States the previous day.

Though underperforming compared with expectations, the consumer price index (CPI) data published on September 13 indicated that an interest rate hike is “unlikely,” according to economists at ING bank.



Callum Perry

September 14, 2023

09:22 GMT