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SHFE STOCKS REPORT 30/07: Most base metals inventories down bar lead, nickel
Most base metals registered declines in inventories at Shanghai Futures Exchange-registered warehouses during the week to Friday July 30, although lead was up by 6.5% and nickel rose by 1.5%.
July 30, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: LME base metals weaken after Monday’s strength, SHFE prices mixed
Base metals prices on the London Metal Exchange were down across the board on Tuesday July 27, after a generally upbeat day on Monday, while the base metals on the Shanghai Futures Exchange were mixed this morning.
July 27, 2021
·
By William Adams
Insights
MORNING VIEW: Gains across most base metals suggests underlying sentiment remains bullish
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally stronger this morning, Friday July 23, the exception was lead on the LME that was down by 0.5%, but that was after a strong gain on Thursday.
July 23, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices mixed – some consolidating, others driven higher by supply issues
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Monday July 19, with nickel and tin the standout performers, driven higher by supply disruptions.
July 19, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices consolidate on a back foot as upside mainly capped
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally weaker this morning, Wednesday July 14, after stronger-than-expected inflation data from the United States on Tuesday raised concerns.
July 14, 2021
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By William Adams
Insights
MORNING VIEW: Base metals mixed, but broader markets generally weaker
Base metals prices on both the LME and SHFE were mixed this morning, Thursday July 8, after the United States Federal Reserve’s latest minutes showed a slight pick-up in hawkishness.
July 8, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals start to recover after Tuesday sell-off – all eyes on US Fed
Base metals prices on the London Metal Exchange were up across the board this morning, Wednesday July 7, suggesting dip buying after Tuesday’s weakness that saw copper, aluminium and nickel fall by 2%, or more.
July 7, 2021
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By William Adams
Insights
MORNING VIEW: Base, precious metals looking stronger again as dollar weakens
Base metals prices on the Shanghai Futures Exchange, apart from those for lead, were up during morning trading on Tuesday July 6. Those on the London Metal Exchange were mixed, but that was after a generally positive day on Monday.
July 6, 2021
·
By William Adams
Insights
MORNING VIEW: Base, precious metals higher across the board in Shanghai
Base metals, iron ore, rebar and precious metal prices on the Shanghai Futures Exchange were up across the board this morning, Monday July 5, with all the base metals, apart from lead, also higher on the London Metal Exchange.
July 5, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices mixed, showing some divergence
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday July 2, and were looking quite divergent.
July 2, 2021
·
By William Adams
Insights
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