ASIAN MORNING BRIEF 21/11: LME base metals lower amid trade tension; Vanadium, ferro-vanadium hit record highs; LME to launch lithium contract

Date: Nov 21, 2018

The latest news and price moves to start the Asian day on Wednesday November 21.

Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Tuesday November 20, with broad risk-off sentiment emerging across global commodity markets amid continued trade tensions and a fresh one-year low in oil futures. Read more in our live futures report.

Here is how prices looked at the close of trading:

Supply constraints continued to drive European ferro-vanadium and vanadium pentoxide prices to new heights, with both markets reaching record highs while the Chinese export market remained dormant.

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