Privately-owned commodities trading firm Levmet has opened a new London office to help facilitate its growing trading activities.

Base metals prices were weaker again this morning, Thursday April 20, with three-month prices on the London Metal Exchange down an average of 1% as of 06:38 BST, with zinc and lead prices off the most with losses of 1.6% and 1.5%, respectively, copper prices are off 0.7% at $5,557 per tonne, while aluminium prices are off the least with a 0.2% drop to $1,908.50 per tonne. Prices have since started to rebound.

Base metals prices on the Shanghai Futures Exchange were mostly up during the morning trading session on Friday November 22 after a sense of optimism returned to the market following reports that China’s top negotiator had invited United States delegates to Beijing for face-to-face talks.

Base metals traded on the London Metal Exchange are for the most part consolidating after recent weakness, the exceptions are aluminium prices that are up by 0.7% at $2,147 per tonne and lead prices that are down by 0.5% at $2,490 per tonne. The rest are little changed, with copper prices recently quoted at $6,943 per tonne.

Base metals prices on the London Metal Exchange are generally higher this morning, Friday January 12, with prices fairly uniformly up between 0.5% and 0.6% - apart from tin prices that are down 0.1% at $20,159 per tonne. Three-month copper prices are up by 0.5% at $7,167 per tonne and zinc prices have been as high as $3,405 per tonne, which is a fresh multi-year high.

Three-month base metals prices on the London Metal Exchange were for the most part weaker during early trading on Thursday September 28, but some strength emerged after trading got underway in Europe.

Apart from three-month tin prices that are down 0.9% on the London Metal Exchange this morning, Monday April 24, the rest of the metals’ prices are ranged between plus and minus 0.3%, with copper prices up 0.3% at $5,652 per tonne.

Base metals prices on the Shanghai Futures Exchange were all down during the morning trading session on Tuesday November 19, with uncertainty over United States-China trade negotiations continuing to weigh on the complex.

Lead inventories at Shanghai Futures Exchange-approved warehouses dropped have 3,106 tonnes or 18.7% over the past week to 13,462 tonnes as of Friday September 22, the largest decrease among the SHFE-traded base metals.

Base metals prices on the London Metal Exchange are slightly weaker across the board this morning, Thursday March 30, with three-month prices down between 0.1% for aluminium and 0.5% for lead, nickel and copper, with the latter at $5,877 per tonne.