The base metals are in a stronger mood this morning, Wednesday August 16, as markets stabilise following the recent spate of risk aversion created by rising tensions between the USA and North Korea, while a slightly softer tone in the dollar has lent modest support to the precious metals.

Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Friday November 16, with zinc, copper and tin registering gains while the rest of the complex weakened.

Mining Indaba took place in Cape Town this week.

Base metals on the London Metal Exchange closed mostly higher on Thursday May 31, ending the month broadly supported with most metals trading in positive territory.

Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Tuesday July 10 with most of the complex oscillating either side of unchanged, while zinc was the early session’s weakest performer with a drop of 1.7%.

Base metals prices on the Shanghai Futures Exchange were stronger across the board during Asian morning trading on Monday January 29, with zinc the star performer, as the complex continued to benefit from a softer dollar.

Base metal prices on the Shanghai Futures Exchange diverged during Asian morning trading on Friday May 4, with zinc prices spooked by the overnight weakness on the London Metal Exchange.

Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Thursday April 26, with zinc prices leading the decline following a large delivery of the metal into London Metal Exchange sheds in Antwerp on Wednesday.

World zinc mine output is expected to accelerate well ahead of demand for the second half of this year, tipping the balance in the market, an executive at physical merchant Concord Resources said.

Barring those for nickel and aluminium, base metals prices on the Shanghai Futures Exchange were up during morning trading on Wednesday on August 14, with signs of easing trade tensions between the United States and China buoying overall market sentiment.