Breaking Views | Base Metals

• Base metals mainly up in London, potential rebound under way

  [ Base Metals ]

  17 May 2022

  Base metal prices on the London Metal Exchange were mainly firmer on the morning of Tuesday May 17 – the exception being tin. Those on the Shanghai Futures Exchange were more mixed.

• LME base metals prices rise on Chinese stimulus promises, but overall still vulnerable

  [ Base Metals ]

  29 April 2022

  Base metals prices on the London Metal Exchange edged up across the board on the morning of Friday April 29, as were most on the Shanghai Futures Exchange, with the exception of aluminium.

• Base metals generally lower on the LME, but stronger in China

  [ Base Metals ]

  27 April 2022

  Base metals prices on the London Metal Exchange were mainly weaker on the morning of Wednesday April 27, while those on the Shanghai Futures Exchange were generally stronger.

• Base metals run into dip buying on LME, but will there be follow-through buying?

  [ Base Metals ]

  26 April 2022

  Base metals prices on the London Metal Exchange rebounded on the morning of Tuesday April 26, while those on the Shanghai Futures Exchange were generally weaker in response to LME weakness on Monday.

• Base metals prices weaker across the board as headwinds gain strength

  [ Base Metals ]

  25 April 2022

  Base metals prices on the LME and SHFE were down across the board on Monday April 25, amid continuing concerns over slower growth in China, because of Covid-19 lockdowns, and due to rising interest rates, inflation and energy costs everywhere else.

• Base metals mixed, but expectations of China stimulus expected to lend support

  [ Base Metals ]

  14 April 2022

  Base metals prices on the London Metal Exchange were mixed on the morning of Thursday April 14, while those on the Shanghai Futures Exchange were also mixed, but with gains outweighing losses.

• Base metals firmer in London, mainly weaker in China, with markets facing many headwinds

  [ Base Metals ]

  12 April 2022

  Base metals prices on the London Metal Exchange were up across the board on the morning of Tuesday April 12, while those on the Shanghai Futures Exchange were mainly weaker, as they followed the weakness seen on the LME on Monday.

• Base metals generally weaker, with higher bond yields producing headwinds

  [ Base Metals ]

  11 April 2022

  Base metals prices on the London Metal Exchange were down across the board on the morning of Monday April 11, while those on the Shanghai Futures Exchange were more mixed.

• LME base metals prices rise despite strong dollar and weakness elsewhere

  [ Base Metals ]

  08 April 2022

  Base metals prices on the London Metal Exchange edged up on the morning of Friday April 8, while those on the Shanghai Futures Exchange were mainly weaker.

• Base metals prices mixed, strong US dollar a potential headwind

  [ Base Metals ]

  06 April 2022

  Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Wednesday April 6, with the strong dollar - which is at its highest level since May 2020 - likely to be a strong headwind.