LME base metals prices retreat despite pause in US, UK interest rates; dollar remains strong

Three-month base metals prices on the London Metal Exchange were all down at the 5pm close of trade on Thursday September 21, with a strong dollar, a hawkish stand from the US Federal Reserve and weak overall demand putting downward pressure on the base metals complex.

Three-month prices at the 5pm close on Thursday, September 21, compared with Wednesday's 5pm close:

Copper: $8,194 per tonne, down by 1.8% Aluminium: $2,212 per tonne, down by 1.7% ...


Josh Fulton

September 21, 2023

17:28 GMT