Base metals prices on the London Metal Exchange were mixed this morning, Tuesday January 19, but aluminium prices have followed recent weakness in zinc, breaking support levels in the process.

Copper and zinc made the biggest morning gains among the base metals on the London Metal Exchange on Friday, April 29, supported by the Chinese government's commitment to supporting its economy through its ongoing Covid-19 lockdowns

The London Metal Exchange three-month nickel price was down by 2.8% to $16,165 per tonne during morning trading on Monday April 12, with the other base metals also starting the week lower after turning to the downside last Friday following comments out of China regarding rising commodity prices.

Fastmarkets proposes to amend the frequency of its assessments of the London Metal Exchange base metals warrant premiums to fortnightly from weekly.

The London Metal Exchange tin price continued to climb during morning trading on Tuesday January 26, while the rest of the base metals had a more mixed start to the day given a steady US Dollar Index and possible delays to the United States’ $1.9 trillion Covid-19 economic stimulus package.

Sentiment in the base metals markets in Europe was turning increasingly bearish, a number of participants told Fastmarkets on Tuesday June 21, with macro-economic uncertainties creating additional caution among consumers with the approach of the seasonal summer slowdown

The Shanghai Futures Exchange copper price used in Fastmarkets’ base metals arbitrage calculation on Friday July 15 has been amended due to an unprecedented market change.

Following a six-week consultation period, Fastmarkets will change the frequency of its zinc spot concentrate treatment charges (TC) price assessment to fortnightly from its present monthly timing.

This new supercycle, focused on specific commodity groups in the energy transition, has investors aiming to improve their ESG standards and approach

Three-month base metals prices on the London Metal Exchange were up across the board on the morning of Friday February 5, led by a 1.4% gain in nickel, with the US Dollar Index easing after reaching a three-month high on Thursday.