Base metal prices on Shanghai Futures Exchange were mostly lower during Asian morning trading on Tuesday November 14. Tin and copper prices bucked the trend, however, with the latter finding support from fresh buying interest.

Base metals prices on the Shanghai Futures Exchange were broadly higher during Asian morning trading on Wednesday November 01, supported by steady Chinese data. Nickel was the star performer with its most-traded contract hitting its upper limit early in the session on optimism surrounding the metal’s prospects in the electric vehicle (EV) sector.

A global boom in home appliance sales during the Covid-19 pandemic is causing a shortage in flat steel supplies in China, and in turn supporting prices, Fastmarkets has heard.

Metal Bulletin has today discontinued the publication of single numbers for base metals as of August 28, 2018.

Base metal prices on Shanghai Futures Exchange fell during Asian morning trading on Wednesday November 15 as a wave of selling continued across the complex, with nickel plummeting as much as 5% earlier in the day.

A deal struck between the European Union and South America’s Mercosur trading group will boost trade between the two blocs in non-ferrous metals and related products, Fastmarkets heard on Tuesday July 2.

The base metals on the London Metal Exchange are down across the board by a fairly uniform amount of between 0.1% and 0.3% this morning, Thursday June 1, with three-month copper prices off 0.3% at $5,677 per tonne.

Bolivian mining export revenues fell 14.3% year-on-year in 2012, to $2.07 billion, according to preliminary figures from the country´s statistics institute, INE.

Trafigura has moved to integrate its derivatives trading business to function under individual book heads, which will further consolidate the management of its metals business, Fastmarkets understands.

Bargain hunting has returned to the base metals complex in the morning of Friday April 13, lifting prices on the London Metal Exchange by 0.6% on average.