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.

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.

Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Thursday May 17 after the dollar weakened, with copper seeing additional support from short-covering.

Base metals prices on the London Metal Exchange are for the most part firmer this morning, Wednesday December 13, with gains in copper (0.2% at $6,690 per tonne), aluminium (0.1%), nickel (0.5%) and zinc (0.1%), while lead prices are off by 0.1% and tin prices are down by 0.4%.

Physically-backed exchange-traded funds (ETFs) in base metals will not affect prices in the medium to long term because investors will sell back to the market if tightness appears, according to research by Goldman Sachs

Base metals prices are little changed this morning, Friday May 26, with three-month prices on the London Metal Exchange up an average of 0.2%.

Base metal prices on the Shanghai Futures Exchange were higher across the board during Asian morning trading on Wednesday December 20, with copper rising amid positive market sentiment.

Nickel prices on the Shanghai Futures Exchange were the standout performers during Asian morning trading on Friday February 2, benefiting from follow-through strength after a strong performance by the metal on the London Metal Exchange in the previous session as well as supply concerns in the market.

Base metals on the London Metal Exchange were firmer this morning, Friday January 11, with three-month prices up by an average of 0.9%.

Global risk sentiment soured overnight following news that the International Monetary Fund (IMF) has downgraded its global growth outlook for 2019 to 3.3% from 3.5% previously.