Fastmarkets’ Shanghai-London physical arbitrage calculation for copper was published incorrectly on Tuesday October 16 due to an error in inputting the data.

Three-month base metals prices on the London Metal Exchange were broadly weaker on the morning of Wednesday November 14, with the three-month copper price down by 0.1% at $6,040 per tonne. This after Tuesday’s energetic start that saw the red metal reach $6,181 per tonne at one point.

Metal Bulletin is hosting a free web seminar on Thursday November 16 at 9:00am London time to discuss the launch of Metal Bulletin’s Shanghai copper premiums contract by CME Group.

Base metals prices on the London Metal Exchange are split this morning, Monday June 12, with copper, aluminium, lead and zinc prices down between 0.2% and 0.5% – copper prices are off 0.5% at $5,801 per tonne – while tin and nickel prices are up 0.6% and 0.2%, respectively.

Base metals prices on the Shanghai Futures Exchange were broadly down during the morning trading session on Friday November 15, with nickel giving the worst performance of the complex with a 2.7% drop.

Base metals prices on the Shanghai Futures Exchange were mixed during morning trading on Wednesday February 12 amid lingering concerns over the spread of the novel coronavirus in China and its impact on the country’s economy.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange are firmer this morning, Thursday April 23, but the price pullbacks in recent days have questioned the robustness of the earlier rebounds.

Despite healthy economic fundamentals across metals markets, geopolitical uncertainty casts a shadow over Sucden Financial’s altogether positive market outlook, the commodity broker’s Quarterly Metals Report Briefing highlighted.

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.

Base metals prices on the Shanghai Futures Exchange were up across the board during the morning trading session on Monday December 9, supported by better-than-expected US jobs data and positive trade developments.