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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 06/09: Metals prices consolidate while they wait for developments in broader markets
Three-month base metals prices on the London Metal Exchange were on divergent paths this morning, Thursday September 6, after a mixed performance on Wednesday.
September 6, 2018
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By Generic people page
Insights
METALS MORNING VIEW 03/05: Metals struggle to hold on to recent gains
Base metals prices are down an average of 0.7% on the London Metal Exchange this morning, Wednesday May 3, with zinc, copper and lead prices down around 1%, with three-month copper prices at $5,751 per tonne, while aluminium and nickel prices are off around 0.5% and tin prices are down 0.2%. Volume has been light with 3,907 lots traded as of 06:20 BST.
May 3, 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 12/03: LME base metals prices buoyant, recent dip looks more like consolidation
The three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% this morning, Tuesday March 12.
March 12, 2019
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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 11/03: Metals prices turn higher again despite poor economic data
Despite further poor economic data at the end of last week, the three-month base metals prices on the London Metal Exchange were for the most part higher this morning, Monday March 11.
March 11, 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
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
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