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Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday March 12, with prices generally consolidating after recent weakness/consolidation. A lack of follow-through selling suggests underlying sentiment is still bullish.
Economic and policy experts at aluminium, steel and scrap trade associations are hopeful about demand and policy prospects in 2021, but remain wary about potential problems that could still arise from the Covid-19 pandemic.
Argentina’s 2020/21 corn and soybean crop is expected to suffer as a result of limited rainfall during the…
Traders and investors are placing more bets on the outright price of copper after being incentivized by greater volatility, metals-focused fund managers said during Fastmarkets Copper Seminar.
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