Base metal prices on the London Metal Exchange were all higher during morning trading on Monday January 15, reflecting a further weakening in the dollar.
Zinc's continues to set fresh multi-year highs - it peaked at $3,440 per tonne this morning, its highest since August 2007.Available LME zinc stocks continue to fall - a further 10,000 tonnes of metal were cancelled in New Orleans this morning, which followed the cancellation of 37,650 tonnes in the same location over the past seven trading days.Copper rose by more than 1.5% this morning to trade firmly above $7,200 per tonne while nickel prices rallied by more than over $200 per tonne to test resistance at $13,000 per tonne."It now seems as...