Base metals prices on the Shanghai Futures Exchange were on divergent paths during Asian morning on Friday November 3, with nickel prices consolidating their vast gains from earlier in the week and copper prices strengthening following the release of firmer-than-expected Chinese data.

Base metals prices on the Shanghai Futures Exchange were broadly weaker during Asian morning trading on Thursday November 2, with aluminium and nickel bucking the trend.

Here comes chapter IV of Geoffrey Sambrook's fictional metals trading tale.

Base metals prices on the Shanghai Futures Exchange were broadly higher during Asian morning trading on Wednesday November 01, supported by steady Chinese data. Nickel was the star performer with its most-traded contract hitting its upper limit early in the session on optimism surrounding the metal’s prospects in the electric vehicle (EV) sector.

Copper and aluminium prices on the Shanghai Futures Exchange traded sideways during Asian morning trading on Tuesday October 31, as data released overnight showed growth in China’s manufacturing sector had slowed more than expected in October.

CME Group will introduce a new copper premium grade A cif Shanghai futures contract based on Metal Bulletin’s assessment to begin trading on November 20.

Base metals prices on the London Metal Exchange are fairly mixed this morning, Monday October 30, with the complex off by an average of 0.3%. Three-month copper prices are little changed at $6,841 per tonne, while the rest are ranged between lead prices that are down by 0.9% and zinc prices that are up by 0.4%. Aluminium prices are down by 0.8%, nickel prices are off by 0.6% and tin prices are up by 0.3%.

As LME Week gets under way, Metal Bulletin presents a fictional tale set in the metals trading industry by Geoffrey Sambrook. Chapters III-VII will be published this week.

Base metals prices on the Shanghai Futures Exchange were broadly higher during Asian morning trading on Monday October 30, however, copper and lead prices bucked the trend as they succumbed to a stronger dollar.

London Metal Exchange Week, the largest annual gathering of mining and metals figures in the world, starts on October 29 this year.