•Asia-Pacific equities were mainly weaker on Tuesday morning, after Monday’s gains.
•China’s manufacturing purchasing managers index (PMI) climbed to 50.1 in November, from 49.2 in October; non-manufacturing PMI dipped to 52.3 from 52.4.
The three-month lead price on the LME bucked the trend experienced by other base metals with a rise of 0.3% to $2,291 per tonne. The other base metals were down by an average of 0.9%, led by a 1.3% fall in copper ($9,479.50 per tonne).
Overall though, all the base metals are holding at recent ranges and none have extended the bottom of those since news about the Omicron variant emerged.
The most-traded base metals contracts on the...