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METALS MORNING VIEW 31/07: Strong start for the metals despite disappointing Chinese PMI
Base metals traded on the London Metal Exchange are looking stronger this morning, Monday July 31, with gains across the complex. Prices are up by an average of 0.6%; zinc leads the advance with a 1% rally to $2,813 per tonne, tin and copper follow with 0.7% gains, with the latter at $6,388 per tonne, it having once again been up as high as $6,400.
July 31, 2017
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By Generic people page
Insights
METALS MORNING VIEW 28/07: Metals prices pullback as market consolidates recent gains
Base metals are consolidating recent gains with prices off by 0.4% on average this morning, Friday July 28. Tin leads the decline with a 0.7% price fall to $20,565 per tonne, followed by copper prices that are off 0.6% at $6,284 per tonne and nickel prices that are down 0.5%, while the rest are off around 0.2%.
July 28, 2017
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By Generic people page
Insights
METALS MORNING VIEW 26/07: Copper in the driving seat
Copper prices continued to rally this morning, Wednesday July 26, reaching $6,400 per tonne, which was up by 2.3% from Tuesday’s close. The rest of the complex is split with nickel and zinc off around 1%, while the rest are little changed, although they have been choppy.
July 26, 2017
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By Generic people page
Insights
METALS MORNING VIEW 25/07: Metals prices stronger on good volume
Base metals prices on the London Metal Exchange are up by an average of 0.5% this morning, Tuesday July 25. Tin is once again bucking the trend with prices off 0.3% at $20,190 per tonne, while the rest have gains of between 0.3% for aluminium and 0.9% for nickel and copper, with the latter at $6,088 per tonne basis three months.
July 25, 2017
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By Generic people page
Insights
METALS MORNING VIEW 21/07: Copper prices grind away at overhead resistance
Base metals prices on the London Metal Exchange are up by an average of 0.5% this morning, Friday July 21. Tin is bucking the trend with prices off 0.1% at $20,090 per tonne, while the rest have gains of between 0.4% for aluminium and 0.7% for zinc, with three-month copper prices up 0.6% at $6,009 per tonne. Copper seems to be grinding away at overhead supply.
July 21, 2017
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By Generic people page
Insights
METALS MORNING VIEW 20/07: Metals prices consolidate, waiting for direction
Base metals prices on the London Metal Exchange are up by an average of 0.4% this morning, Thursday July 20, with gains fairly tightly bunched between 0.2% for zinc and tin and 0.7% for lead. Three-month copper prices are up 0.3% at $5,983 per tonne – volume has been below average at 4,300 lots as of 06:09 BST.
July 20, 2017
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By Generic people page
Insights
METALS MORNING VIEW 19/07: Metals prices shake off early weakness
Base metals prices on the London Metal Exchange are for the most part weaker this morning, Wednesday July 19. Tin is the exception with a 0.5% gain to $20,110 per tonne, while the rest are down between 0.1% for copper at $5,997 per tonne and 0.4% for nickel and lead prices.
July 19, 2017
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By Generic people page
Insights
Trader Gerald Metals shifts focus to London, Shanghai in global restructure
Gerald Metals is restructuring its Asian and European trading teams by moving staff to London and Shanghai trading hubs, group head of finance Jean Baudois told Metal Bulletin.
July 18, 2017
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By Generic people page
Insights
METALS MORNING VIEW 18/07: Higher prices attract selling as Europe opens
Base metals prices on the London Metal Exchange have started to weaken as European trading gets underway with three-month prices off by an average of 0.2% this morning, Tuesday July 18.
July 18, 2017
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By Generic people page
Insights
METALS MORNING VIEW 17/07: Metals prices stronger on good Chinese data
Base metals prices on the London Metal Exchange are stronger by an average of 0.7% this morning, Monday July 17, with zinc prices leading the way with a 1.6% gain to $2,834.50 per tonne, while three-month copper prices are up 0.9% at $5,980 per tonne.
July 17, 2017
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By Generic people page
Insights
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