The exceptions were lead and tin that were little changed, while the rest were up by an average of 0.5%. Copper prices were up by 0.4% at $6,462 per tonne, compared with $6,433 per tonne at Monday’s close.
Volume was average, with 6,236 lots traded on LME Select as at 6.51am London time, compared with 6,328 lots at a similar time on Monday.
Spot precious metals prices were up across the board for the second day running, up by an average of 0.5% on Tuesday, with platinum up by 0.6%, silver prices up by 0.2%, palladium up by 0.8%, and gold prices up by 0.2% at $1,305.50 per oz, compared with $1,303.40 per oz at Monday’s close. Palladium prices have set a fresh record high at $1,594.50 per oz.
In China, base metals prices on the Shanghai Futures Exchange were...