Base metal prices on the Shanghai Futures Exchange (SHFE) mostly continued to fall today, in the face of uncertainty over the global economy and US tariff policies.

The Guinean government's move to rescind more than 50 mining licences boosted market sentiment, shoring up prices of September alumina contract for two consecutive days.

The SHFE's July aluminum prices closed at 20,075 yuan/t, down by 0.2pc from the previous close.

The June copper contract dipped by 0.4pc to Yn77,540/t.

June nickel closed 0.8pc lower at Yn122,870/t and June zinc prices fell by 0.1pc to Yn22,435/t.

June lead prices edged down by 0.1pc to Yn16,860/t, while June tin closed almost flat at Yn264,760/t.

The Shanghai Stock Exchange (SSE) Composite Index rose by 0.4pc from the previous day to 3,380.5.

The Hong Kong Heng Seng Index (HSI) was down by 1.46pc from the previous day to 23,674.19 as of 3:38pm Singapore time.