The latest news and price moves to start the Asian day on Wednesday February 28.

Although base metals are under pressure in the short term, we have a bullish bias to our 2018 price forecasts given the supportive background of solid global economic growth and the fact that all six base metal markets look set to be in fundamental deficit this year. But each has a slightly different supply-side story and this aspect should be the main differentiator.

Historic payment structures are enabling zinc smelters to raise primary output even as market-related terms such as metal premiums and concentrate treatment charges remain low; but the opposite is true for lead.

Base metals prices on the London Metal Exchange were mostly firmer during morning trading on Tuesday February 27, but no significant movements are taking place.

Base metals traded on the London Metal Exchange are up across the board by an average of 0.4% this morning, Tuesday February 27.

Good morning from Metal Bulletin’s office in Singapore as we bring you the latest news and pricing stories on Tuesday February 27.

Copper prices on the Shanghai Futures Exchange retreated during Asian morning trading on Tuesday February 27, with a strong performance by the dollar overnight leaving investors cautious and on the lookout for further direction.

First impressions are that we are off to a bullish start to the week, with the base metals prices on the London Metal Exchange up by an average of 0.6% this morning, Monday February 26.

Good morning from Metal Bulletin’s office in Singapore as we bring you the latest news and pricing stories on Monday February 26.

Copper prices on the Shanghai Futures Exchange were weaker during Asian morning trading on Monday February 26, with the red metal coming under pressure following a 10% jump in copper volumes at SHFE-approved warehouses last week.