NORTH AMERICAN MORNING BRIEF 29/11: Copper TC/RC benchmark forecast; HKEX expands in Singapore; Turkey’s anti-dumping duty on Chinese plate

The latest metal markets news and price moves to start the North American day on Wednesday November 29.

Base metal prices on the London Metal Exchange continued to soften on the morning of Wednesday November 29, with the entire complex, apart from lead, in negative territory in mid-morning trading.
Three-month zinc price fell to $3,122 per tonne as of 11:34am on Wednesday from Tuesday’s close. It bottomed out earlier at $3,117, a two-week low.

“Base metals prices are, for the most part, on a back footing while investors cut long positions because prices have become hung up in high ground. We see the pullbacks as...

Published

Julian Luk

November 29, 2017

12:40 GMT

London