Both the LME cash bid and offer price inched down by USD 21 per tonne or 0.8 per cent and finally settled at USD 2,645.5 per tonne and USD 2646 per tonne. Similarly, the 3-month bid and offer also calmed down by USD 24 per tonne or 0.9 per cent and stood at USD 2,639.5 per tonne and USD 2,640 per tonne respectively.
The trend was further mirrored in the LME December 26 bid and offer price when it fell by USD 23 per tonne or 0.85 per cent. Bid settled down at USD 2,682 per tonne and offer at USD 2,687.