Base metals prices on the London Metal Exchange were well supported at the 5pm close of trading on Wednesday April 17, with sanctions remaining front of mind for many.
17 April 2024
Laura Roberts
Higher zinc prices on the London Metal Exchange deterred spot demand in Europe and Southeast Asia in the week ended Tuesday April 16, leaving premiums unchanged amid thin liquidity, sources told Fastmarkets.
17 April 2024
Grace Asenov, Shiyue Zhao, Natasha Porter
Base metals prices on the London Metal Exchange saw modest gains at the open of trading on Wednesday April 17, with the exception of lead.
17 April 2024
Natasha Porter
Most base metal prices on the Shanghai Futures Exchange (SHFE) rose during morning trading on Wednesday April 17 on the back of faster-than-expected growth in China’s economy in the first quarter of the year improving sentiment among market participants.
17 April 2024
Dylan Duan
Base metals prices excluding aluminium on the London Metal Exchange retreated on Tuesday April 16, after a rally on Monday April 15 prompted by new restrictions on Russia-origin metal.
16 April 2024
Laura Roberts
European zinc market participants were split over the impact of the short rally in London Metal Exchange zinc prices since beginning of April, with some concerned that higher prices are no sustainable in the long term because the market fundamentals have not changed.
16 April 2024
Natasha Porter
Base metals prices on the London Metal Exchange were largely down in morning trading on Tuesday April 16, after most of the complex jumped higher on Monday following news of fresh restrictions from the US and UK on trading newly-produced Russian aluminium, copper and nickel on global metal exchanges.
16 April 2024
Imogen Dudman
Most base metal prices on the Shanghai Futures Exchange (SHFE) fell on Tuesday April 16, with nickel and aluminum among the biggest losers after pushing higher on the back of fresh sanctions on Russian metal reported on April 12.
16 April 2024
Shiyue Zhao
Base metals prices on the London Metal Exchange had mostly moved upward by the close of trading on Monday April 15, with the exceptions of zinc and tin.
15 April 2024
Natasha Porter
Base metal prices on the London Metal Exchange were higher across the board during morning trading on Monday April 15 after an announcement on Friday that the US and UK governments will begin restricting the trade of new Russia-origin aluminium, copper and nickel on global metal exchanges.
15 April 2024
Imogen Dudman