Global risk sentiment soured overnight following news that the International Monetary Fund (IMF) has downgraded its global growth outlook for 2019 to 3.3% from 3.5% previously.

Base metals prices on the London Metal Exchange are for the most part firmer this morning, Monday November 6, with prices up by an average of 0.7%.

The base metals traded on the London Metal Exchange are down across the board this morning, Thursday April 27, with three-month prices off an average of 0.3%.

Base metals prices on the London Metal Exchange are broadly weaker this morning, Tuesday August 1, with losses averaging 0.4%. Copper and aluminium are little changed, with three-month copper prices at $6,378 per tonne, while the rest are down between 0.4% and 0.6%.

Base metals prices on the London Metal Exchange are firmer by an average of 0.4% this morning, Monday October 23. Zinc and lead prices lead the way with a 0.7% gain, while copper prices are the laggards with a 0.1% gain to $6,975 per tonne. Volume has been average of 5,549 lots as of 07:17 BST.

The base metals are for the most part weaker this morning, Wednesday April 12, with losses on the London Metal Exchange averaging 0.3%, led by a 0.6% fall in three-month lead prices to $2,241 per tonne and a 0.5% fall in copper prices to $5,741, while aluminium is unchanged and zinc is up 0.1%.

Given the geopolitical developments with the USA attacking a Syrian air base, base metals prices have been little affected, although precious metals are up, while in China, iron ore and steel prices have fallen heavily.

China’s manufacturing purchasing managers’ index (PMI) for May surprised to the upside at 51.9, having been expected to remain at April’s level of 51.4, though the positivity surrounding this release has yet to filter through to base metals prices on the London Metal Exchange.

Base metals prices on the London Metal Exchange are weaker across the board by an average of 0.7% this morning, Wednesday October 11. Zinc prices lead the decline with a 1.3% drop, followed by lead prices (-1%), nickel (-0.7%), tin and aluminium (-0.5%), while three-month copper prices are off by 0.2% at $6,739 per tonne.

Three-month base metals prices on the London Metal Exchange broadly continued their recent run of weakness on the morning of Thursday July 5. Nickel prices were unchanged, while the rest of the complex was down by between 0.3% for copper ($6,382 per tonne) and 0.7% for aluminium ($2,089 per tonne).