Base metals prices on the London Metal Exchange were generally trending higher this morning, Monday August 2, with copper the metal that seems to be struggling the most. Base metals trading on the Shanghai Futures Exchange gave a mixed performance, however.

There were gains across the board for the London Metal Exchange base metals this morning, Wednesday January 20, with a weaker US Dollar Index and a firm commitment on further stimulus in the United States pushing copper and aluminium up by 1.2% and 1% respectively.

The global markets for containerized freight have entered even deeper water in recent weeks, with closures at the key port of Ningbo-Zhoushan in China leading to worsening cargo delays, port congestion and a further cutback in free days.

Base metals prices on the Shanghai Futures Exchange were up by an average of 1.1% this morning, Monday July 26, while they followed Friday’s gains on the London Metal Exchange that averaged 1.3%.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday April 14, and broader markets were pleased US consumer prices did not shock to the upside, but markets are likely to remain wary in case corporate earnings do not live up to high expectations.

Due to a reviewer error, the publication of Fastmarkets’ aluminium P1020A premium, ddp Midwest US was delayed on Tuesday April 27.

China will remove the export tax rebate for some steel products from May 1, the Ministry of Finance said on Wednesday April 28.

The latest news and price moves to start the Asian day on Thursday February 22.

The latest news and price moves to start the Asian day on Thursday April 19.

The latest news and price moves to start the Asian day on Wednesday May 9.