China’s ten largest copper smelters have set the base level for their treatment and refining charges (TCs/RCs) for the second quarter of this year 10.3% lower than in the first quarter, Metal Bulletin has heard.

Base metals traded on the Shanghai Futures Exchange took divergent paths during Asian morning trading on Tuesday April 3, with copper consolidating after its push higher over the past week.

The latest news and price moves to start the Asian day on Tuesday April 3.

Base metals traded on the Shanghai Futures Exchange were all higher during Asian morning trading on Monday April 2, but gains were somewhat limited in some of the metals following the release of two sets of Chinese manufacturing data showing mixed results.

Aluminium prices on the Shanghai Futures Exchange were weaker during Asian morning trading on Friday March 30, tracking the decline seen on the London Metal Exchange on Thursday.

The latest news and price moves to start the Asian day on Friday March 30.

Base metals prices on the London Metal Exchange are for the most part stronger today, Thursday March 29, with prices up by an average of 0.6%. Nickel leads the advance with a 2% rise to $13,300 per tonne, while copper is up by 1% at $6,732 per tonne.

Good morning from Metal Bulletin’s office in Shanghai as we bring you the latest news and pricing stories on Thursday March 29.

Base metals traded on the Shanghai Futures Exchange were broadly stronger during Asian morning trading on Thursday March 29, with positive data from the United States overnight and a continued decline in geopolitical risk providing support.

The latest news and price moves to start the Asian day on Thursday March 29.