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LIVE FUTURES REPORT 23/01: SHFE base metals prices mixed while risk sentiment deteriorates; zinc finds support
Base metals prices on the Shanghai Futures Exchange exhibited mixed movements during Asian morning trading on Wednesday January 23, with the complex under pressure from increasing bearishness stemming from macroeconomic concerns.
January 23, 2019
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By Karen Ng
Insights
COVERAGE NOTE: Retirement of duplicate price assessment histories
As previously announced, Fastmarkets RISI has now retired the following duplicate price series with effect from Jan. 1, 2019. Mexico Kraftliner from US, 42 lb (Price ID 1148) Bleached Hardwood Kraft, Brazilian Eucalyptus, Europe, CIF (Price ID 1246) Bleached Hardwood Kraft, Brazilian Eucalyptus, China, CIF (Price ID 1247) Bleached Softwood Kraft, Chilean Radiata Pine, China, […]
January 23, 2019
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Insights
Steel groups debate effectiveness of US Section 232 tariffs
The heads of several steel industry associations in the United States remained divided on the effectiveness of the Section 232 tariffs on US steel imports but found some common ground on the subject of the yet to be signed US-Mexico-Canada Agreement (USMCA).
January 23, 2019
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By Generic people page
Insights
METALS MORNING VIEW 22/01: Metals prices suffer after global growth outlook lowered
Once again the upside initiatives in three-month base metals prices on the London Metal Exchange have run into overhead resistance, with the complex down by an average of 0.4% this morning, Tuesday January 22.
January 22, 2019
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By Generic people page
Insights
LIVE FUTURES REPORT 22/01: Macro concerns pressure SHFE base metals prices; tin most resilient
Base metals prices on the Shanghai Futures Exchange were predominantly down during Asian morning trading on Tuesday January 22, with the complex reversing the previous day’s gains. Tin, as was the case on Monday, bucked the trend – but this time to the upside.
January 22, 2019
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By Karen Ng
Insights
PRICING NOTICE: Correction to US daily HRC index 16/01
Due to an editing error, Fastmarkets' daily US Midwest hot-rolled coil index was published incorrectly on Wednesday January 16.
January 21, 2019
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By Generic people page
Insights
China’s ‘looser’ aluminium winter cuts has limited effect after 7.4% increase in total output in 2018
China produced 35.8 million tonnes of aluminium in 2018, up 7.4% year on year, according to data released by China’s Statistics Bureau on Monday January 21, suggesting the annual winter production cuts did little to slow output in the country.
January 21, 2019
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By Generic people page
Insights
METALS MORNING VIEW 21/01: Metals prices hold up well despite China’s weak GDP
Despite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly.
January 21, 2019
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By Generic people page
Insights
LIVE FUTURES REPORT 21/01: US-China trade optimism continues to buoy SHFE base metals prices
Base metals prices, barring those for tin, on the Shanghai Futures Exchange were up during Asian morning trading on Monday January 21, with residual optimism over trade talks between China and the United States helping to offset some weak Chinese data earlier this morning.
January 21, 2019
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By Karen Ng
Insights
IN CASE YOU MISSED IT: 5 key stories from January 18
Here are five Fastmarkets MB stories you might have missed on Friday January 18 that are worth another look.
January 21, 2019
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By Generic people page
Insights
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