Base metals prices on the LME and SHFE were mixed on the morning of Friday September 17, with most remaining listless despite being buffeted by a firmer US dollar, generally weaker economic data and disruption to both production and supply.

Zinc inventory in Shanghai Futures Exchange-approved warehouses plunged to a 10-year low after buyers took advantage of price declines and while supply remains restricted by local production cuts.

Zinc prices on the Shanghai Futures Exchange were down again during morning trading on Wednesday April 17, following further inflows of the metal into London Metal Exchange sheds on Tuesday.

With the exception of zinc, base metals prices on the Shanghai Futures Exchange were down during the morning trading session on Monday July 29, dragged down by a firm dollar and trade uncertainty.

Nickel’s three-month price on the London Metal Exchange edged lower during morning trading on Friday June 21, pressured by a continued draw on the exchange’s dwindling supply.

Base metals prices on the Shanghai Futures Exchange were all down during morning trading on Tuesday May 14 with escalating trade tensions between China and the United States continuing to dent market sentiment.

Zinc prices on the Shanghai Futures Exchange (SHFE) were well-supported by falling overseas stock levels in Asian morning trading on Wednesday January 3, while copper pared overnight gains.

Metal Bulletin looks back at the key moves and market news of the week.

Base metals prices on the Shanghai Futures Exchange were mostly range-bound during morning trading on Friday July 5 while investors awaited the key US jobs report due later for possible clues on the Federal Reserve’s policy decision at the end of the month.

A joint venture between Trafigura and a Saudi Arabian company will start building a major copper, zinc and lead smelter complex in Saudi Arabia approximately one year from now, a company source has confirmed with Fastmarkets.