Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.7% on the morning of Thursday August 2.

Chinese industrial profits were down by 14% in January-February compared with a year ago, marking the biggest fall since 2011. The data paints a worrying picture while the negative economic impact from China’s deleveraging activities in 2018, as well the bitter US-China trade war, continue to take a heavy toll on major industrial sectors.

Base metals prices are weaker again this morning, Tuesday May 9, with prices down an average of 0.2% on the London Metal Exchange.

Jan Moström, president of Boliden’s Business Area Mines, will leave the company in mid-September to join Swedish iron ore manufacturer Luossavaara-Kiirunavaara AB, or LKAB.

After strong rallies in US equities at the start of the week that saw the Down Jones Industrial Average (DJIA) close up by 5.09%, markets are getting some comfort this morning from the prospect of easier monetary policy, which is helping them keep the negative impacts from the novel coronavirus (2019-nCoV) in the background.

Base metals prices on the London Metal Exchange are getting some lift this morning, Wednesday April 5, with prices up across the board by an average of 1%, led by a 1.4% rise in nickel prices to $10,140 per tonne. Three-month copper prices are up 0.9% at $5,838 per tonne.

The latest news and price moves to start the Asian day on Tuesday April 3.

The latest news and price moves to start the Asian day on Wednesday July 25.

Governments’ massive efforts to support economies have provided some relief to markets and sentiment, but with the novel coronavirus (nCoV 2019) pandemic still spreading rapidly throughout Europe, the United States and elsewhere, there is still just too much uncertainty for markets to settle down.

Copper, aluminium, zinc and lead stocks at Shanghai Futures Exchange-approved warehouses continued to rise in the week ended Friday January 19, while tin and nickel saw their inventory levels decline.