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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 07/03: Metals’ price rallies run into resistance while poor data, lack of trade progress weigh on sentiment
Three-month base metals prices on the London Metal Exchange were for the most part weaker again this morning, Thursday March 7.
March 7, 2019
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By Generic people page
Insights
METALS MORNING VIEW 21/06: Stronger tone falters in base metals prices
It has been a quiet start on the London Metal Exchange this morning, Wednesday June 21, as base metals prices remain little changed with price movements ranged between down 0.3% for tin and up 0.2% for zinc – copper prices are down 0.2% at $5,657 per tonne. Volume has been light with 4,009 lots traded as of 06:22 BST.
June 21, 2017
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By Generic people page
Insights
METALS MORNING VIEW 14/06: Metals quiet, trading sideways but vulnerable
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Wednesday June 14, the exceptions are aluminium that is off 0.3% and copper that is slightly weaker, while the rest are up an average of 0.5%. Volume has been above average with 7,188 lots traded as of 07:24 BST.
June 14, 2017
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By Generic people page
Insights
METALS MORNING VIEW 04/04: Continuing trade tensions weigh on sentiment
Base metals prices on the London Metal Exchange are down by an average of 0.4% this morning, Wednesday April 4. Tin is the only metal showing any gains, while the rest are down between 0.4% and 0.7%, with copper off by 0.4% at $6,783 per tonne.
April 4, 2018
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By Generic people page
Insights
METALS MORNING VIEW 24/08: Rebounds underway in most of the metals
Three-month base metals prices on the London Metal Exchange were for the most part in positive territory on the morning of Friday August 24, with tin prices bucking the trend with a 0.3% decline, while the rest were up by between 0.2% for aluminium and 1.1% for lead. The three-month copper contract was up by 0.8% at $6,014 per tonne.
August 24, 2018
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By Generic people page
Insights
METALS MORNING VIEW 22/08: Metal price rebounds halt, markets waiting for new direction
Base metals prices were mixed on the London Metal Exchange on the morning of Wednesday August 22, with weakness seen in copper, lead and zinc, while nickel and tin prices increased and aluminium remained unchanged.
August 22, 2018
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By Generic people page
Insights
METALS MORNING VIEW 16/08: Further volatility expected as aluminium, zinc push to new highs
The base metals are in a stronger mood this morning, Wednesday August 16, as markets stabilise following the recent spate of risk aversion created by rising tensions between the USA and North Korea, while a slightly softer tone in the dollar has lent modest support to the precious metals.
August 16, 2017
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By Generic people page
Insights
METALS MORNING VIEW 12/03: Metals consolidate Friday’s rebound gains
Base metals traded on the London Metal Exchange are once again weaker across the board this morning, Monday March 12, with prices off by an average of 0.4%. Losses are fairly tightly grouped between 0.2% and 0.7%, with the three-month copper price down by 0.4% at $6,930 per tonne.
March 12, 2018
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By Generic people page
Insights
METALS MORNING VIEW 08/03: Base metals prices in search of support with correction still underway
Base metals traded on the London Metal Exchange are split into two camps this morning, Thursday March 8, with copper ($6,924 per tonne), nickel, zinc and tin prices all down by an average of 0.6%, while aluminium and lead prices are up by an average of 0.3%.
March 8, 2018
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By Generic people page
Insights
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