Renewed selling interest on Friday May 17 has capped the upside from the slight rebound mid-last week and the metal markets generally look shaky in the early morning of Monday May 20.

Base metal prices on the Shanghai Futures Exchange were all up during Asian morning trading on Thursday May 31, finding support from the release of positive Chinese data and a weaker dollar.

Copper prices on the Shanghai Futures Exchange rose during Asian morning trading on Monday June 4, benefiting from supply-side concerns, while the rest of the complex was little changed to stronger.

Base metal prices on the Shanghai Futures Exchange were all lower during Asian morning trading on Monday March 19, with several factors including easing supply concerns, a stronger dollar and an upcoming United States monetary policy meeting pressuring copper prices in particular.

Base metals prices on the Shanghai Futures Exchange were mostly down during morning trading on Thursday June 6, with concerns of a global economic slowdown weighing on the complex.

Base metals prices on the Shanghai Futures Exchange (SHFE) were broadly higher during Asian morning trading on Monday October 9, with copper prices drawing support from concerns of supply tightness.

China’s manufacturing purchasing managers’ index (PMI) for May surprised to the upside at 51.9, having been expected to remain at April’s level of 51.4, though the positivity surrounding this release has yet to filter through to base metals prices on the London Metal Exchange.

Base metals prices, with the exception of tin, on the Shanghai Futures Exchange were lower during Asian morning trading on Monday February 5 amid weak investor appetite and a firmer dollar.

Base metals traded on the Shanghai Futures Exchange were up across the board during Asian morning trading on Monday March 12, with nickel leading the pack higher.

Metal Bulletin’s Charlotte Radford reviews the key price moves and metal market news from the last seven days.