During the Asian trading on Friday morning, most base metal prices on the Shanghai Futures Exchange were up
, buoyed by the modest pick-up in risk-on sentiment following China’s release of positive economic data for October.
On London Metal Exchange trading on Friday morning, the base metals were mostly lower
, failing to match upward momentum across Asian sessions. Analysts describe the market as a "strange world", pointing out to inconsistencies in supply and demand.
Copper stocks in bonded warehouses in Shanghai fell slightly in October because major importers had used...