Several major Chinese metal producers bought zinc and gold concentrates produced in North Korea in 2019, despite economic sanctions, a court ruling has revealed.

Base metals prices on the Shanghai Futures Exchange were for the most part stronger this morning, Friday April 16, supported by robust economic data, while the base metals on the London Metal Exchange were consolidating after yesterday’s strength, which followed strong US data.

Base metals prices on the London Metal Exchange have been edging higher in recent days, although this morning, Thursday April 15, they were looking mixed, while those on the Shanghai Futures Exchange were for the most part firmer.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday April 14, and broader markets were pleased US consumer prices did not shock to the upside, but markets are likely to remain wary in case corporate earnings do not live up to high expectations.

Base metals prices on the London Metal Exchange were largely trading sideways during the morning session on Tuesday April 13, after decreases across the board on Monday due to warnings out of China about rising commodity prices.

Base metals prices on the London Metal Exchange were down across the board this morning, Tuesday April 13, as were most of the metals prices on the Shanghai Futures Exchange, while broader markets were quiet.

The London Metal Exchange three-month nickel price was down by 2.8% to $16,165 per tonne during morning trading on Monday April 12, with the other base metals also starting the week lower after turning to the downside last Friday following comments out of China regarding rising commodity prices.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were weaker this morning, Monday April 12, while markets contend with cross winds.

Base metals prices on the London Metal Exchange edged lower during morning trading on Friday April 9 in low-volume trading conditions.

Nickel continued to reach its highest prices in a month while the rest of base metals on the London Metal Exchange were marginally higher on Thursday April 8, with the prospect of more economic stimulus and supportive fiscal measures in the United States boding well for equity markets and metal futures.