The London Metal Exchange three-month base metals prices are generally subdued this morning, averaging up 0.2% while trading volume is considerably lower at 5,790 lots as of 06:23am London time on Tuesday April 9.

Three-month base metals prices on the London Metal Exchange were mixed on the morning of Friday July 6, with nickel (-0.8%), zinc (+1.1%) and aluminium (+0.3%) the main movers, while copper at $6,326 per tonne and tin at $19,455 per tonne were little changed. That said, copper did spike down to a low of $6,221.50 per tonne at around 4am London time.

Base metals prices on the London Metal Exchange seem to have found buying interest this morning, Monday February 12, with all of the base metals, except lead (-0.3%), showing gains averaging 1%. The three-month copper price leads the way with a 1.8% rally to $6,870 per tonne - this after a low last Friday of $6,733 per tonne.

Nickel prices on the Shanghai Futures Exchange surged to a four-month high on Monday February 11 following a rally in iron ore futures on the first trading day after China’s break for the Lunar New Year.

Base metals prices on the London Metal Exchange are split into two camps with copper, aluminium and nickel prices up an average of 0.5% with three-month copper at $5,887 per tonne, while zinc, lead and tin prices are down an average of 0.2% – but volume has been light with 3,844 lots traded as of 06.43 BST.

Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Tuesday July 3, with aluminium and tin prices both off by 0.3%, while the rest of the complex was up by between 0.1% and 0.6%. Zinc led the rebound, while copper was the laggard at $6,578 per tonne.

Base metals prices on the London Metal Exchange are on divergent paths so far this morning, Wednesday April 18, despite the strong risk sentiment seen across wider financial markets following solid earnings results and the surprise monetary easing announced by China’s central bank.

Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Friday May 25, down between 0.2% and 0.6%, with copper down by 0.6% at $6,872 per tonne. Zinc was the single exception, up by a marginal 0.1%.

Base metals traded on the London Metal Exchange are for the most part consolidating this morning, Tuesday August 22, after a generally strong performance on Monday when the complex closed up by an average of 1%.

Global scrap prices remained generally stable except in Taiwan during the working week from Monday March 12 to Friday March 16, amid the uncertainty created by the implementation of Section 232 tariffs in the United States and widespread weak demand for finished steel products.