Base metals prices on the London Metal Exchange are stronger by an average of 0.7% this morning, Monday July 17, with zinc prices leading the way with a 1.6% gain to $2,834.50 per tonne, while three-month copper prices are up 0.9% at $5,980 per tonne.

Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Monday June 11, with lead, zinc and aluminium prices moving higher, while the rest weakened.

Three-month base metals prices on the London Metal Exchange were for the most part stronger on the morning of Monday March 4, with all but tin in positive territory. The complex recorded an average gain of 0.4%, while tin was down by 0.1% at $21,630 per tonne.

A drop in China’s manufacturing purchasing managers’ index (PMI) to 49.2 in February, from 49.5 in January, has set a weaker tone across markets with base metals traded on the London Metal Exchange mostly lower and down by an average of 0.3% in the morning of Thursday February 28.

Three-month base metals prices on the London Metal Exchange were mixed this morning, Friday March 15, with copper, aluminium and nickel up by an average of 0.6%, while zinc, lead and tin were down by an average of 0.6%.

The base metals remain in a buoyant mood, as dollar weakness has supported follow-through buying after the minutes of the July US Federal Open Market Committee (FOMC) meeting showed growing division among policy setters over the path of interest rates given the lack of inflationary pressures.

China’s domestic and export coke prices gained some upward momentum over the past week thanks to higher mill margins and continued measures intended to reduce pollution.

Base metals prices are down across the board this morning, Monday March 20, with prices off an average of 0.7%, led by a 1% drop in three-month nickel prices to $10,170 per tonne, while copper prices are off 0.7% at $5,892 per tonne.

Base metals prices on the London Metal Exchange are for the most part consolidating this morning, Wednesday August 23, with three-month copper prices off by 0.1% at $6,582 per tonne, while zinc prices are up by 0.4% and nickel prices are off by 0.4%. Volume has been average with 8,662 lots traded as of 06:43 BST.

Disappointing Chinese economic data has weighed on the three-month base metals prices on the London Metal Exchange this morning, Friday December 14, with all the metals in negative territory and showing average losses of 0.4%.