LME base metals largely higher on softer US dollar and improved China sentiment

Base metal prices on the London Metal Exchange were mixed at the 5pm close on Tuesday August 29, with most metals recording daily gains after signs of positive sentiment emerged from China earlier in the day.

“The start of the week has seen more positive risk sentiment onshore as officials [in China] reduce the cost of shares trading whilst also pushing property supportive measures,” Marex analyst...


Imogen Dudman

Albert Mackenzie

August 29, 2023

17:17 GMT