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MORNING VIEW: Base metals prices up on LME, down on SHFE; haven assets in demand
Base metals prices on London Metal Exchange were up across the board this morning, Wednesday April 21, but those on the Shanghai Futures Exchange were mainly weaker, as were broader markets, while haven assets were bid for.
April 21, 2021
·
By William Adams
Insights
MORNING VIEW: Robust Chinese economic data supports metals prices in Shanghai; LME metals consolidate
Base metals prices on the Shanghai Futures Exchange were for the most part stronger this morning, Friday April 16, supported by robust economic data, while the base metals on the London Metal Exchange were consolidating after yesterday’s strength, which followed strong US data.
April 16, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices more upbeat than of late, led by aluminium
Base metals prices on the London Metal Exchange have been edging higher in recent days, although this morning, Thursday April 15, they were looking mixed, while those on the Shanghai Futures Exchange were for the most part firmer.
April 15, 2021
·
By William Adams
Insights
EU retaliation may convince Biden to revise Section 232
While the Biden administration has reversed multiple Trump-era policies, it has not been in any rush to revise the Section 232 tariffs. That might change, however, with the European Union on the verge of escalating retaliatory tariffs on US products, according to market participants.
April 14, 2021
·
By Mark Shenk
Insights
MORNING VIEW: Base metals prices mixed but broader markets more upbeat
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday April 14, and broader markets were pleased US consumer prices did not shock to the upside, but markets are likely to remain wary in case corporate earnings do not live up to high expectations.
April 14, 2021
·
By William Adams
Insights
LIVE FUTURES REPORT 13/04: LME aluminium price at $2,280/t; zinc inflows in Asia continue
Base metals prices on the London Metal Exchange were largely trading sideways during the morning session on Tuesday April 13, after decreases across the board on Monday due to warnings out of China about rising commodity prices.
April 13, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices mainly weaker, broader markets quiet
Base metals prices on the London Metal Exchange were down across the board this morning, Tuesday April 13, as were most of the metals prices on the Shanghai Futures Exchange, while broader markets were quiet.
April 13, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices, broader markets weaken
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were weaker this morning, Monday April 12, while markets contend with cross winds.
April 12, 2021
·
By William Adams
Insights
LIVE FUTURES REPORT 09/04: LME base metals prices edge lower, copper retreats from $9,000/t
Base metals prices on the London Metal Exchange edged lower during morning trading on Friday April 9 in low-volume trading conditions.
April 9, 2021
·
Insights
LIVE FUTURES REPORT 08/04: LME nickel at $16,800/t; copper stocks highest since Nov
Nickel continued to reach its highest prices in a month while the rest of base metals on the London Metal Exchange were marginally higher on Thursday April 8, with the prospect of more economic stimulus and supportive fiscal measures in the United States boding well for equity markets and metal futures.
April 8, 2021
·
By the Fastmarkets team
Insights
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