Base metals keep riding high as supplies dwindle

23.02.2021

Copper prices shot above $9,000 a tonne for the first time since 2011 on Monday as premiums for quickly deliverable metal on the London Metal Exchange (LME) hit two-year highs, suggesting supplies are tight.

Other industrial metals also surged, with nickel trading above $20,000 a tonne for the first time since...