The three-month zinc price on the London Metal Exchange was lower during morning trading on Monday February 24, with price action down by 2.4% and trading at its lowest level since July 2016, while copper futures also fell through nearby support levels.

The three-month zinc price on the London Metal Exchange was higher during morning trading on Tuesday March 31, with upward price action supported by an 8,825-tonne fresh cancelation, while strong Chinese purchasing managers’ index (PMI) data bolstered the base metals complex.

Base metals futures on the London Metal Exchange mostly rose during morning trading on Wednesday December 22, with the exception of tin, which experienced a mild drop.

Fastmarkets proposes to discontinue its premium assessments for special high grade (SHG) zinc basis in-warehouse Singapore and Malaysia.

Fastmarkets MB is delaying the launch of a weekly price assessment of South America import aluminium-zinc alloy coated steel coil reported on a US-dollar-per-tonne cfr South America basis.

Zinc bears are betting that the London Metal Exchange zinc price will fall to $2,500 per tonne in June, with massive orders for put options placed in recent weeks, Fastmarkets learned.

Zinc treatment charges (TCs) have gone up in China on increased concentrate supply from both home and abroad, sources told Metal Bulletin.

Global commodity prices are expected to stay high in the short term and China will continue to take measures to ensure supplies and stabilize prices, China’s National Bureau of Statistics said on Monday August 16.

The London Metal Exchange three-month copper price was trading below $10,000 per tonne during morning trading on Thursday October 21, while the backwardation in the metal’s cash/three-month spread had narrowed to below $300 per tonne.

The three-month zinc price on the London Metal Exchange was up during morning trading on Thursday April 16, with price action supported by a fresh outflow of some 600 tonnes, while steady buying over the morning saw copper hold on to recent gains.