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METALS MORNING VIEW 03/04: LME base metals prices buoyant on further evidence of uptick in China’s economic activity
Three-month base metals prices on the London Metal Exchange were firmer during morning trading on Wednesday April 2, up by an average of 0.4% – further evidence of a recovery in China's economy seems to be providing support.
April 3, 2019
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By Generic people page
Insights
METALS MORNING VIEW 02/02: Metals prices mixed, but look strong overall
Base metals prices on the London Metal Exchange are at first sight looking quite mixed this morning, Friday February 2, with copper and lead in positive territory, tin unchanged and aluminium, zinc and nickel in negative territory.
February 2, 2018
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By Generic people page
Insights
METALS MORNING VIEW 04/12: Metals prices rebound again after Monday’s rally ran into selling
Price gains inspired by the trade developments at the Group of Twenty (G20) summit over the weekend were sold into during afternoon trading on Monday December 3, but likewise the dips have been bought into again this morning.
December 4, 2018
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By Generic people page
Insights
METALS MORNING VIEW 26/01: Metals looking robust
Base metals prices on the London Metal Exchange are mixed this morning, Friday January 26, with the complex up by an average of 0.2%.
January 26, 2018
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By Generic people page
Insights
WEEKLY SCRAP WRAP: Turkish prices rebound, buying resumes after short break
Turkish import scrap prices regained some of their losses early in the week that began on October 9, while trading – which came to a pause mid-week due to rising political tensions between the USA and Turkey – resumed on Friday October 13.
October 13, 2017
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By Generic people page
Insights
METALS MORNING VIEW 20/07: Second rebound attempt in three days for metals
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Friday July 20. Gains were ranged between 0.2% for aluminium and lead and 1.1% for nickel, with copper up by 0.8% at $6,104 per tonne.
July 20, 2018
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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
METALS MORNING VIEW 09/10: China returns as a buyer, metals prices look bullish
The reopening of Chinese markets this morning, Monday October 9, after last week’s holiday has led to a fairly strong start to the week for the base metals, the exception being lead, which is the sole metal in negative territory.
October 9, 2017
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By Generic people page
Insights
METALS MORNING VIEW 13/07: Metals struggle to find support
Base metals markets remain jittery following continued rhetoric from US President Donald Trump over trade. Three-month prices on the London Metal Exchange were down by an average of 0.4% as at 7.32am London time on Friday July 13, with copper prices off by 0.1% at $6,210 per tonne.
July 13, 2018
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By Generic people page
Insights
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
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