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.

Three-month base metals prices on the London Metal Exchange were mixed during morning trading on Tuesday July 17, with aluminium and lead prices down 0.1% and 0.2% respectively, while the rest of the metals were up between 0.4% for nickel and tin and 0.6% for copper. The three-month copper price recently was quoted at $6,228 per tonne.

A correction is underway in the three-month base metals prices traded on the London Metal Exchange with prices off by an average of 0.5% on the morning of Thursday February 21, compared with Wednesday’s closing levels.

Three-month base metals prices on the London Metal Exchange were firmer across the board this morning, Tuesday January 15, with prices up by an average of 0.3%.

Flat steel prices in Turkey continued to fall in May, on moderate demand, and market participants expect June to be just as slow, as the Islamic holy month of Ramadan, and Eid will take place during the month.

Most of the base metals prices are weaker this morning, Wednesday May 31, the exception is three-month copper prices on the London Metal Exchange that are up 0.3% at $5,677 per tonne. The other LME metals are down an average of 0.6%, although that is skewed by a 2.4% decline in nickel prices to $8,890 per tonne.

Base metals prices on the London Metal Exchange are down across the board this morning, Tuesday May 16, with prices down an average of 0.6%.

Base metals traded on the London Metal Exchange are on divergent paths this morning, Friday September 15, with losses in aluminium (-0.6%), nickel (-0.5%) and copper (-0.1%) at $6,496 per tonne, while zinc is up 0.3% and lead and tin are little changed.

Base metals prices are generally consolidating this morning, Friday May 5, after setting fresh lows intraday on Thursday.

Base metals prices on the London Metal Exchange were for the most part treading water this morning, Tuesday April 30, while the market digests the disappointing Chinese data released earlier. This, combined with the fact that many Asian market participants are away for holidays this week, is likely to lead to subdued trading – but reduced liquidity could also lead to increased volatility.