Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities.

Soybean and corn export volumes test port capacity and force competition for finite logistics.

Hot-rolled coil prices in the United States have again moved higher, with some mills holding off from making offers, demand continuing to rise slowly and supply remaining restricted by mill idlings, outages and a slab shortage, Fastmarkets understands.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Monday October 12, but sentiment has turned more bullish, especially in aluminium, since China returned from its Golden Week holiday.