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MORNING VIEW: Base metals prices mainly firmer, but consolidation dominates
Apart from aluminium, base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were firmer this morning, Tuesday March 30, with broader markets also firmer having partially shook off, for now, contagion worries from last week’s hedge fund troubles.
March 30, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices mixed regionally; cross currents flowing through broader markets
Base metals prices on the London Metal Exchange were mainly lower this morning, Monday March 29, but those on the Shanghai Futures Exchange were stronger across the board while they reacted to Friday’s LME performance.
March 29, 2021
·
By William Adams
Insights
MORNING VIEW: Dip-buying in base metals suggests underlying sentiment remains strong
Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were for the most part stronger this morning, Friday March 26, suggesting overall sentiment remains bullish while participants see dips as a buying opportunity.
March 26, 2021
·
By William Adams
Insights
LIVE FUTURES REPORT 23/03: LME nickel price at $16,600/t, aluminium down 2%
The three-month nickel price on the London Metal Exchange was up by 1% during morning trading on Tuesday March 23, while aluminium fell to $2,227.50 per tonne, with a combination of macroeconomic factors and fundamentals issues resulting in mixed price movements.
March 23, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Metals prices generally weaker, as were broader markets
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange, as well as spot precious metals prices, were mainly weaker this morning, Tuesday March 23, as were broader markets.
March 23, 2021
·
By William Adams
Insights
MORNING VIEW: LME base metals prices, broader markets mixed
Base metals prices on the London Metal Exchange were mixed on Monday March 22, while those on the Shanghai Futures Exchange were up across the board.
March 22, 2021
·
By William Adams
Insights
Raimondo mistaken about success of Section 232, metal manufacturers group says
The Coalition of American Metal Manufacturers and Users (Cammu) claims that United States Commerce Secretary Gina Raimondo was mistaken about the success of the Section 232 steel and aluminium tariffs, and reiterated its call for their termination.
March 20, 2021
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By Mark Shenk
Insights
Growing low-carbon aluminium market needs more transparency – Natixis
Stakeholders from aluminium producers to downstream consumers in Europe have a strong interest in market growth but more comprehensive transparency around various aluminium smelter emissions is needed to sustain that growth, Anne-Claire Lejeune, green and sustainable asset originator at bank Natixis, said in an interview with Fastmarkets.
March 16, 2021
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By Justin Yang
Insights
LIVE FUTURES REPORT 16/03: 85k-tonne cancellation of aluminium in LME warehouses; tin price down 2.7%
Three-month base metals prices on the London Metal Exchange were down across the board during morning trading on Tuesday March 16, with tin’s price falling the most to $24,630 per tonne – this after the complex mostly ended in positive territory on Monday.
March 16, 2021
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By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices mixed, while broader markets more upbeat
Base metals prices were mixed this morning, with those on the London Metal Exchange mainly weaker, while prices on the Shanghai Futures Exchange were more mixed this morning, Tuesday March 16, but Asian-Pacific equities were upbeat.
March 16, 2021
·
By William Adams
Insights
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