August 2020

LIVE FUTURES REPORT 03/08: LME zinc price sinks 1.2% in mixed trading; tin holds on to recent gains

The three-month zinc price on the London Metal Exchange was down during morning trading on Monday August 3, with price action slipping back below the newly-established $2,300-per-tonne support level, while narrower forward spreads helped tin futures retain recent momentum.

MORNING VIEW: Markets mixed despite stronger Chinese manufacturing data

The metals and equity indices were mixed this morning, Monday August 3, with numerous crosscurrents affecting the markets.