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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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Base metals prices on the London Metal Exchange are for the most part weaker this morning, Monday October 2. The exception is copper with a 0.3% rise to $6,518 per tonne, while the rest are lower by an average of 0.2%.
Base metals prices on the London Metal Exchange were all higher during the Asian morning trading session on Monday October 2, supported by the release of stronger-than-expected Chinese data and further declines in Shanghai Futures Exchange (SHFE) stocks.
Reporters Ian Walker and Perrine Faye wrap up the key themes and questions raised during Metal Bulletin’s 32nd International Aluminium Conference in Bahrain on September 26-28.
Base metals price on the London Metal Exchange mainly strengthened in the morning of Friday September 29, ahead of China’s week-long National Day holiday next week.
Base metals prices on the London Metal Exchange are once again down across the board, with average losses of 0.3% this morning, Friday September 29. Volume has been average with 5,910 lots traded as of 06:42 BST.
Base metals prices on the Shanghai Futures Exchange (SHFE) were all higher during the Asian morning trading session on Friday September 29 as shorts closed their positions ahead of China’s week-long National Day holiday next week.
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