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Base metals like copper, aluminium, nickel and alumina are some of the world’s most frequently traded commodities. With so many forces bearing down on the base metals market, win-win outcomes for negotiations depend on the depth and breadth of your understanding of the market.
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Copper prices on the Shanghai Futures Exchange were weaker during Asian morning trading hours on Wednesday November 29, with the combination of a stronger dollar and weak macroeconomic data keeping investor appetite subdued.
Base metals prices on the London Metal Exchange are down across the board by an average of 0.9% this morning, Tuesday November 28. Nickel leads the decline with a 1.7% drop to $11,390 per tonne, while zinc prices are off by 1.2% at $3,147 per tonne and copper prices are down by 0.9% at $6,864 per tonne.
Good morning from Metal Bulletin’s office in Singapore, as we bring you the latest news and pricing stories on Tuesday November 28.
Copper prices on the Shanghai Futures Exchange weakened during Asian morning trading on Tuesday November 28, with investors taking profits amid concerns about economic growth in China.
Base metals prices on the London Metal Exchange are starting the week on a weak footing with prices down by an average of 1.5% this morning, Monday November 27.
Good morning from Metal Bulletin’s office in Singapore, as we bring you the latest news and pricing stories on Monday November 27.
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