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.

Base metals prices on the London Metal Exchange are mostly higher with gains averaging 1.1% this morning, Friday October 20. The exception is tin where prices are off by 0.3%. Nickel prices once again lead the gains with a 2.5% increase to $12,065 per tonne, with lead prices up by 1.6% and copper prices up by 1.3% to $7,060 per tonne. Zinc and aluminium prices are up by 0.9% and 0.6%, respectively.

Base metals prices on the London Metal Exchange were diverging on the morning of Friday May 18.

Generally London Metal Exchange prices have been weak in recent days and the strong dollar has been a factor in that, but dip-buying appears to be providing support in morning trading on Friday April 26.

Base metals prices on the London Metal Exchange were on divergent paths on the morning of Tuesday May 15, with copper, nickel, lead and tin down by between 0.2% and 0.6%, while aluminium was unchanged and zinc prices had rebounded by 0.7%.

Base metals prices on the London Metal Exchange are down across the board by an average of 0.6% this morning, Wednesday September 13. Three-month nickel prices lead the decline with a 1.6% drop to $11,730 per tonne, while tin prices are little changed and the rest are down by between 0.4% for copper ($6,643 per tonne) and 0.8% for lead ($2,291 per tonne).

Flat steel prices in Turkey continued to increase in August on a combination of strong demand and rising global prices.

Three-month base metals prices on the London Metal Exchange were firmer across the board this morning, Wednesday January 16, with prices up by an average of 0.8%. This after further temporary stimulus measures from China gave sentiment a boost.

Base metals prices on the London Metal Exchange were more negative than positive on the morning of Thursday May 10, with all of the metals, except for tin (+0.2%) and lead (0.0%), down by an average 0.6%.

Trading across most of the base metals is leading to price weakness – this despite record-setting levels seen in the S&P 500 and Nasdaq Composite on Tuesday. The exception is aluminium, where prices have been edging higher in recent days.