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LME warehouse queues return with over 100-day wait for aluminium in Port Klang
A 109-day queue for aluminium out of the ISTIM warehouse in Port Klang developed last month following a series of large cancelations on the London Metal Exchange, according to LME data released on Thursday May 10.
May 10, 2018
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By Generic people page
Insights
METALS MORNING VIEW 10/05: Metals prices largely weak, markets awaiting fresh direction
Base metals prices on the London Metal Exchange were more negative than positive on the morning of Thursday May 10, with all of the metals, except for tin (+0.2%) and lead (0.0%), down by an average 0.6%.
May 10, 2018
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By Generic people page
Insights
EUROPEAN MORNING BRIEF 10/05: EV charging to boost copper demand; Horizonte looks to enter nickel, cobalt sulfate market; DLA nets $3 mln in April tungsten sale
Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Thursday May 10.
May 10, 2018
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By Generic people page
Insights
LIVE FUTURES REPORT 09/05: SHFE base metals prices broadly up; copper leads on the upside
Base metals prices on the Shanghai Futures Exchange were mostly up during Asian morning trading on Thursday May 10, with copper leading the rest of the complex, except aluminium and lead, higher.
May 10, 2018
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By Generic people page
Insights
METALS MORNING VIEW 09/05: Metals nervous due to stronger dollar; rising yields start to rattle EM currencies
Base metals prices on the London Metal Exchange were mixed on the morning of Wednesday May 9, with all the metals, except tin (+0.2%) and lead (+0.3%), down by an average of 0.3%. Copper prices were off 0.4% at $6,785 per tonne.
May 9, 2018
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By Generic people page
Insights
EUROPEAN MORNING BRIEF 09/05: Stronger dollar sinks SHFE base metals prices; non-ferrous scrap facing ‘seismic shift’; murky outlook for copper market
Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Wednesday May 9.
May 9, 2018
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By Generic people page
Insights
LIVE FUTURES REPORT 09/05: SHFE base metals prices fall on stronger dollar; zinc most resilient
Base metals prices on the Shanghai Futures Exchange were down across the board during Asian morning trading on Wednesday May 9, dragged lower by the stronger dollar. Zinc prices, trading little changed to weaker, were the most resilient of the complex.
May 9, 2018
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By Generic people page
Insights
COPPER COLLEGE: Copper deficit will exceed 4 mln tpy by 2026, Freeport exec says
The copper market is moving into a deficit that is forecast to widen to more than 4 million tonnes per year by 2026, according to Freeport-McMoRan executive Red Conger.
May 8, 2018
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By Generic people page
Insights
METALS MORNING VIEW 08/05: Metals prices buoyed by strong Chinese trade data
Base metals prices on the London Metal Exchange were for the most part stronger on the morning of Tuesday May 8, with all the metals, except tin (-0.7%), up by an average of 0.7%. Zinc led the advance with a 1% gain and copper was up by 0.2% at $6,858 per tonne.
May 8, 2018
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By Generic people page
Insights
EUROPEAN MORNING BRIEF 08/05: SHFE base metals prices up, except tin; US Ali imports reach new highs in March; copper market logs small surplus in Jan
Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Tuesday May 8.
May 8, 2018
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By Generic people page
Insights
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