Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Wednesday June 19 amid renewed trade optimism and a more dovish tone from policymakers.

Metal Bulletin reviews some of the key news from the past five days in the metals markets.

Three-month base metals prices on the London Metal Exchange were mixed this morning, Monday February 4, with copper down by 0.4% at $6,116 per tonne and zinc leading on the upside with a 0.6% gain. Aluminium, nickel and lead were all up by 0.2% and tin was little changed.

Base metals prices on the Shanghai Futures Exchange were split into two camps during Asian morning trading on Tuesday February 19, with zinc, lead and aluminium recording losses, while the rest continued their upward trend from Monday.

Lead prices on the Shanghai Futures Exchange outperformed with an increase of 1.2% during morning trading on Thursday April 25 amid optimism over US-China trade talks next week and the metal’s solid fundamentals.

Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses have risen for a second consecutive week, increasing by 14% or 18,198 tonnes over the past week to 145,471 tonnes as of Friday November 10.

The base metals on the London Metal Exchange are up across the board by an average of 0.5% this morning, Thursday October 26. Aluminium leads the way with a 0.9% rally to $2,209.50 per tonne – the high so far has been $2,215, which means prices have surpassed the October 2012 peak of $2,212. Copper prices ($7,022 per tonne) and tin prices are up 0.2%, while the rest are up between 0.5% and 0.6%.

Base metals prices on the London Metal Exchange are at first sight looking quite mixed this morning, Friday February 2, with copper and lead in positive territory, tin unchanged and aluminium, zinc and nickel in negative territory.

Copper prices on the London Metal Exchange were rangebound on Friday January 2 amid lingering concerns of an economic slowdown in China.

Indian diversified miner Sesa Sterlite produced 1.5 million tonnes of saleable iron ore in the January-March period, parent company Vedanta Resources said on Thursday April 10.