Further weakness in China’s Caixin manufacturing purchasing managers’ index (PMI), that fell to 48.3 in January from 49.7 in the prior month, was enough to dent confidence in the base metals market this morning, Friday February 1, with prices for the most part weaker as a result.

Base metals traded on the London Metal Exchange are mixed this morning, Tuesday March 6, with lead, zinc and tin prices down by an average of 0.5%, while copper, aluminium and nickel prices are up by an average of 0.3%.

Three-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Wednesday August 1. Zinc led the decline with a 1.7% drop to $2,590 per tonne, while copper was down by 1.2% at $6,244 per tonne.

Three-month base metals prices on the London Metal Exchange were for the most part still consolidating the gains seen at the end of last week, following weakness on Monday January 28, an up day on Tuesday, and now awaiting further direction.

Base metals prices on the London Metal Exchange are consolidating this morning, Wednesday April 11, following a strong recovery in the previous session.

Base metals prices on the London Metal Exchange are struggling to extend gains and are consolidating in high ground this morning, Thursday February 1. Copper ($7,073 per tonne), zinc, aluminium and nickel prices are off between 0.2% and 0.4%, while lead and tin prices are up by 0.2% and 0.1% respectively.

Base metals prices on the London Metal Exchange are for the most part stronger this morning, Tuesday April 03, with prices up by an average of 0.7%.

Global scrap prices have increased over the past week, as the mills in Turkey returned to the deep-sea scrap markets for December bookings.

Three-month base metals prices on the London Metal Exchange were broadly weaker on the morning of Monday July 30, with zinc (-0.9%), copper (-0.7%), lead (-0.2%) and nickel (-0.1%) all down, while aluminium and tin prices were up by 0.4% and 0.3% respectively.

The three-month base metals prices traded on the London Metal Exchange were mixed and little changed on the morning of Tuesday February 19.