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METALS MORNING VIEW 31/05: Metals weaker despite firm Chinese PMI data
Most of the base metals prices are weaker this morning, Wednesday May 31, the exception is three-month copper prices on the London Metal Exchange that are up 0.3% at $5,677 per tonne. The other LME metals are down an average of 0.6%, although that is skewed by a 2.4% decline in nickel prices to $8,890 per tonne.
May 31, 2017
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By Generic people page
Insights
METALS MORNING VIEW 26/05: Base metals edge higher, most look well placed
Base metals prices are little changed this morning, Friday May 26, with three-month prices on the London Metal Exchange up an average of 0.2%.
May 26, 2017
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By Generic people page
Insights
METALS MORNING VIEW 25/05: Metals prices generally firmer in light volume
Base metals prices are little changed this morning, Thursday May 25, with three-month zinc prices off 0.5% at $2,638 per tonne, copper is off 0.1% at $5,696 per tonne, while the rest are up between 0.1% to 0.2%.
May 25, 2017
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By Generic people page
Insights
METALS MORNING VIEW 24/05: China’s debt downgrade weighs on metals’ prices
Base metals prices are weaker this morning, Wednesday May 24, with prices down an average of 1.1% on the London Metal Exchange, as Moody’s Investors Services has cut China’s debt rating to A1 from Aa3 – the first cut since 1989.
May 24, 2017
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By Generic people page
Insights
METAL MORNING VIEW 23/05: Metals prices consolidate, flash PMI data may provide direction
Base metals prices on the London Metal Exchange are treading water this morning, Tuesday May 23, with prices down an average of 0.2%.
May 23, 2017
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By Generic people page
Insights
METALS MORNING VIEW 22/05: Metals consolidate Friday’s gains, but look well placed
The base metals on the London Metal Exchange are consolidating this morning, Monday May 22, with prices down an average of 0.7%, although that is skewed by a 3% decline in three-month nickel prices to $9,085 per tonne. The rest are down an average of 0.4%, except tin prices which are little changed.
May 22, 2017
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By Generic people page
Insights
METALS MORNING VIEW 19/05: Prices rebounded off lows on Thursday, will there be follow through buying today?
The base metals are on divergent paths this morning, Friday May 19, with three-month London Metal Exchange lead prices up 0.4%, copper prices up 0.3% at $5,597 per tonne, while nickel prices are down 1% at $9,085 per tonne and the rest are little changed.
May 19, 2017
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By Generic people page
Insights
METALS MORNING VIEW 18/05: Metals start on a weak footing, looking vulnerable again
A weaker tone has returned to the base metals on the London Metal Exchange this morning, Thursday May 18, with all the metals prices, except tin, lower.
May 18, 2017
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By Generic people page
Insights
METALS MORNING VIEW 17/05: Metals off to a quiet start as market weighs up US political concerns
The base metals prices on the London Metal Exchange are, for the most part, little changed this morning, Wednesday May 17, the exception is nickel where three-month prices are down 0.9% at $9,085 per tonne.
May 17, 2017
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By Generic people page
Insights
METALS MORNING VIEW 16/05: Metals’ show of strength on Monday looks fragile
Base metals prices on the London Metal Exchange are down across the board this morning, Tuesday May 16, with prices down an average of 0.6%.
May 16, 2017
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By Generic people page
Insights
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