EUROPEAN MORNING BRIEF 29/01: SHFE base metals kick off the week strongly; LME copper prices shrug off stock increase; nickel price volatility

Date: Jan 29, 2018

Good morning from Metal Bulletin’s office in Shanghai, as we bring you the latest news and pricing stories on Monday January 29.

Base metals prices on the Shanghai Futures Exchange were stronger across the board during Asian morning trading on Monday, with zinc the star performer, as the complex continued to benefit from a softer dollar.

Check Metal Bulletin’s live futures report here.

LME snapshot at 02.05 am London time
Latest three-month LME Prices
Price ($ per tonne)  Change since Friday’s close ($)
Copper 7,152 67
Aluminium 2,265 8
Lead 2,648.5 55.5
Zinc 3,576 98
Tin 21,750 150
Nickel 14,020 370

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