MORNING VIEW: Base metals start week mainly on a back foot

June 29, 2021 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were weaker on the morning of Monday June 28, while those on the Shanghai Futures Exchange were more mixed.

Spread of Delta variant of Covid-19 across parts of Southeast Asia, Australia and South Africa causing concern about a 4th waveBase metalsLME three-month base metals prices, with the exception of tin that was untraded, were down across the board on Monday by an average of 0.8%. These were led by a 1.6% fall in lead ($2,196 per tonne), while copper prices dipped by 0.6% to $9,377.50 per tonne. The most-active Shanghai Futures Exchange base metals contracts were - for the most part - weaker, with August nickel the only contract registering...

Recent News

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok