Comex copper prices were little changed in midweek trading on Wednesday October 4 with a lack of Chinese participants capping the upside.

Zinc prices continued to strengthen on the London Metal Exchange this morning, Wednesday October 4, while the rest of the base metals were on divergent paths.

Base metals prices, with the exception of tin, on the London Metal Exchange are up by an average of 0.4% this morning, Wednesday October 4, with gains ranged between 0.2% for copper ($6,528 per tonne) and 0.6% for lead ($2,615 per tonne), while tin prices are little changed at $20,755 per tonne. With China on holiday all week, volume has been light with 1,851 lots traded as of 07:03 BST.

Comex copper prices made a modest increase this morning, Tuesday October 3, in the USA, with trading activity muted while Chinese investors are on the sidelines.

Base metals prices on the London Metal Exchange are for the most part weaker this morning, Tuesday October 3. The exceptions are aluminium ($2,108.50 per tonne) and nickel ($10,490 per tonne) where prices are up by 0.2% and 0.3%, respectively, while the rest are down between 0.5% for zinc ($3,224.50 per tonne) and 0.1% for tin ($20,660 per tonne). Three-month copper prices are off by 0.4% at $6,465 per tonne.

Base metals prices on the London Metal Exchange diverged amid thin trading volumes during the Asian morning trading session on Tuesday October 3, with copper weighed down by profit-taking and a stronger dollar.

Comex copper prices started the first trading day of October in negative territory with a stronger dollar keeping the red metal suppressed.

Base metals prices on the London Metal Exchange are for the most part weaker this morning, Monday October 2. The exception is copper with a 0.3% rise to $6,518 per tonne, while the rest are lower by an average of 0.2%.

Base metals prices on the London Metal Exchange were all higher during the Asian morning trading session on Monday October 2, supported by the release of stronger-than-expected Chinese data and further declines in Shanghai Futures Exchange (SHFE) stocks.

Reporters Ian Walker and Perrine Faye wrap up the key themes and questions raised during Metal Bulletin’s 32nd International Aluminium Conference in Bahrain on September 26-28.