Three-month base metals prices on the London Metal Exchange were mixed this morning, Wednesday March 13, with copper, aluminium, nickel and zinc down by an average of 0.2%, while lead was up by 0.6% and tin was little changed.

Three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Monday March 18, the exception being copper, whose price was up by 0.7% at $6,474 per tonne, compared with $6,431.50 per tonne at Friday’s close.

The third week of calendar year 2012 went off frantically as far the metal markets go.

TradeCloud is set to give its users the opportunity to report business concluded on the platform to Fastmarkets automatically, according to the former’s chief executive officer.

Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Tuesday July 31, with a weaker dollar providing broad support to the complex.

The base metals are under pressure today as escalating geopolitical tensions between the USA and North Korea continue to increase risk aversion, triggering profit-taking after bullish sentiment pushed many of the metals to fresh multi-month highs this week.

The outcome of the Group of 20 (G20) summit in Japan that was held on June 28-29, saw the United States and China agree to resume trade talks, which has boosted optimism for a trade deal.

With little changed in the big picture, markets continue to oscillate while they consolidate - US and European equity indices were lower on Thursday July 25 and most Asian equities were weaker this morning.

Most base metals traded on the Shanghai Futures Exchange were little changed to firmer during morning trading on Wednesday February 27, with the complex broadly benefitting from lingering optimism on a trade deal between China and the United States and softness in the US dollar.

Australian authorities have initiated an anti-circumvention inquiry to determine whether zinc-coated (galvanized) steel imports from China had been modified to avoid the payment of anti-dumping duties.