Nickel prices on the London Metal Exchange have once again failed to hold on to recent gains, with the three-month price retreating nearly $200 per tonne during morning trading on Friday February 2.

Base metals prices on the Shanghai Futures Exchange were mostly down during Asian morning trading on Monday July 2, with market sentiment dampened by disappointing Chinese economic data released over the weekend.

Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Thursday July 19, with a retreat in the dollar index reviving investors’ appetite for the metals.

Base metals prices, bar those for tin, on the Shanghai Futures Exchange were all down during Asia morning trading on Tuesday December 4, with investors taking profits following the strong performance by the complex on Monday.

Base metals prices moved either side of previous closing levels during London Metal Exchange pre-market trading on Tuesday September 19, with the market largely devoid of short-term direction after recent sizeable swings, traders said.

Base metals prices on the London Metal Exchange dipped in the UK morning on Thursday September 21, after the US Federal Open Market Committee (FOMC) statement gave the dollar a boost.

Base metals prices posted across-the-board gains during London Metal Exchange pre-market trading on Tuesday October 24, with follow-through momentum seen from the previous day’s gains, traders said.

Base metals came off their highs in the London Metal Exchange premarket on Monday October 3, after an earlier push higher ran out of steam.

The rallies in the base metals on the London Metal Exchange have generally continued in early trading today, Friday August 25, with prices up by an average of 0.4%, with aluminium, zinc, lead and copper prices up between 0.6% to 0.8%, while nickel is off 0.5% and tin is little changed. Three-month copper prices are at $6,740 per tonne.

Three-month base metals prices on the London Metal Exchange were for the most part stronger on the morning of Monday March 4, with all but tin in positive territory. The complex recorded an average gain of 0.4%, while tin was down by 0.1% at $21,630 per tonne.