On June 27, metals prices were moving higher as the dollar weakened, providing a boost to industrial goods.
LME three-month copper rose to 8458 US dollars / ton, aluminum rose to 2169.50 US dollars / ton. At present, the market is basically still concerned about the Russian issue, but analysts at ING Bank pointed out that the price difference between the futures and spot prices of Lun Copper is constantly widening, because the supply of copper for spot delivery is in short supply.
ING said LME spot copper was at a premium of $31 per ton over futures copper, the highest level since November last year.