Three-month base metals prices on the London Metal Exchange were up across the board on the morning of Wednesday June 20, with the complex up by an average of 0.3%. Nickel and zinc prices led the way with gains of 0.5%, while copper was up by 0.2% at $6,843 per tonne.

Base metals prices on the London Metal Exchange are mixed this morning, Friday October 13, with zinc and lead prices weaker by 0.3% and 1%, respectively; while aluminium and nickel prices are up by 0.2%, tin prices are firmer by 0.3% and copper prices are little changed at $6,875 per tonne.

Base metals prices on the London Metal Exchange are struggling to extend gains and are consolidating in high ground this morning, Thursday February 1. Copper ($7,073 per tonne), zinc, aluminium and nickel prices are off between 0.2% and 0.4%, while lead and tin prices are up by 0.2% and 0.1% respectively.

Secondary aluminium ingot prices have not been below London Metal Exchange aluminium prices since primary metal spiked above $3,000 per tonne just before its precipitous collapse in 2008, but they are below them again now.

We were wary that the US Federal Open Market Committee (FOMC) statement could give the dollar a boost and that it could become a headwind for metals prices and that seems to have been the case. The base metals prices on the London Metal Exchange are down across the board by an average of 1.1% this morning, Thursday September 21.

The continued unpredictability of trade relations between China and the United States has made long-term planning harder for businesses, including mining companies.

Three-month base metals prices on the London Metal Exchange were for the most part in positive territory on the morning of Tuesday August 28, with nickel prices bucking the trend with a 0.2% decline, while the rest were up by between 0.2% for copper at $6,082 per tonne and 0.7% for zinc at $2,545 per tonne.

Base metals prices trading on the London Metal Exchange are in mixed mood so far on Wednesday December 27, as trade resumes following the Christmas holiday, with lead leading with a gain of 1.2%, followed by copper (+0.8%) and tin (+0.3%), while aluminium, zinc and nickel are in negative ground with the latter down 1.5%.

Base metals prices on the London Metal Exchange are split into two camps this morning, Monday December 4. Gains are being seen in nickel (1.1%), tin (0.5%) and copper, which is up by 0.6% at $6,857 per tonne, while the rest are in negative territory: zinc (-0.8%), aluminium (-0.4%) and lead (-0.2%).

The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.