Germanium prices in Europe fell on Wednesday June 14 as a result of surplus material available in China and low demand from end users.

Base metals prices on the Shanghai Futures Exchange remained under pressure from simmering global trade tensions as well as a firm dollar during Asian morning trading on Wednesday June 27, but the complex has benefited from a slight improvement in risk sentiment overnight with most prices edging upward.

The metals market remains cautious because there still seems a long way to go before a United States-China trade deal can be reached.

The outlook for base metals is a positive one, with copper ready to push into a long period of bullishness, said Guy Wolf, Marex Spectron’s global head of market analytics.

Base metals traded on the Shanghai Futures Exchange were mostly little changed during morning trading on Friday May 31, while market participants digested disappointing Chinese manufacturing data.

Iron ore production in Sweden could triple over the next 13 years to reach 90 million tpy, according to a report published earlier this week by industry body SveMin on growth prospects for the country’s mining sector.

Base metals prices on the London Metal Exchange are split this morning, Tuesday May 30. Copper, lead and zinc prices are off 0.4%, 0.3% and 0.1%, respectively, with three-month copper prices at $5,642 per tonne. While aluminium prices are up 0.1%, nickel prices are up 0.3% and tin prices are up 0.7%.

American Metal Market on Tuesday September 11 published its first weekly price assessment for the US cost insurance and freight (cif) premium for aluminium sent to the port of Baltimore.

While investors and traders are still waiting for direction on China-United States trade talks, markets are reviewing their individual situations and adjusting accordingly.

Copper’s three-month price on the London Metal Exchange was trading below $6,400 per tonne during morning trading on Friday March 22, capped by a rebound in the US dollar index.