Three-month base metals prices on the LME were down by an average of 0.7% this morning, led by 1.5% fall in nickel ($18,115 per tonne) and 1.2% drop in zinc ($2,676.50 per tonne). Copper ($7,980 per tonne) and aluminium ($1,985 per tonne) were both down by 0.7% and lead ($2,029 per tonne) and tin ($22,060 per tonne) were both down by 0.2%. The most-traded base metals contracts on the SHFE were also for the most part weaker this morning, the exception was March tin that was up by 1.7%, while the rest were down by an average of 1%, led by a 1.7% fall in March zinc, while March copper was down by 0.7% at 58,780 yuan ... (full story)