November 2023

LME base metals mostly lower on Wednesday morning

The three-month prices on the London Metal Exchange were mostly lower across the base metals complex on the morning of Wednesday November 29, with nickel shedding all of its recent gains.

SHFE nickel rebounds amid mixed base metal price movements

Nickel contract prices on the Shanghai Futures Exchange (SHFE) during morning trading on Wednesday November 29, following an over 4% price plunge two days prior.

LME base metals prices mostly reverse earlier losses, nickel up 4.3%

The three-month price of nickel on the London Metal Exchange had jumped by 4.3% by the 5pm close of trading on Tuesday November 28, but the other base metals showed much smaller changes on the day.

LME base metals prices little changed; nickel, tin regain some of Monday's losses

Three-month base metal prices on the London Metal Exchange were little changed during morning trading on Tuesday November 28 following widespread weakness at Monday’s 5pm close, with the exception of nickel and tin which were up by 1.9% and 1.4% respectively.

Tin down 2.68% amid SHFE base metal price downtrend

Base metal prices on the Shanghai Futures Exchange (SHFE), barring nickel, fell during morning trading Tuesday November 28, with tin registering the biggest loss, amid high supplies of the material.

All LME base metals prices decline on weak Chinese PMI data

All three-month base metals prices on the London Metal Exchange declined at the 5pm close of trade on Monday November 27, following the release of weak Chinese macro-economic data.

Nickel contract posts biggest loss amid lackluster LME performance

Three-month base metal prices on the London Metal Exchange were mostly down at the open of trade on Monday November 27, with zinc the sole exception, due to underwhelming macroeconomic data from China and poor global demand moving into the year's end.

Nickel, lead SHFE prices drop significantly despite economic support

Base metal prices on the Shanghai Futures Exchange (SHFE) struggled amid weak demand during morning trading on Monday November 27, despite fresh economy policy support, with nickel and lead dropping significantly, while others moved marginally.

LME base metal prices diverge in response to China macro-economic stimulus

London Metal Exchange three-month base metals prices diverged at the close of trading on Friday, with copper and zinc reacting positively to the macro-economic stimulus measures in China.

LME base metals complex broadly down with US on holiday

London Metal Exchange three-month base metals prices were mostly lower this morning with nickel and tin down 1% and 1.9% respectively, and only zinc pushing up by just 0.9%.