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METALS MORNING VIEW 31/05: Rebound in Chinese manufacturing PMI bodes well for metals prices
China’s manufacturing purchasing managers’ index (PMI) for May surprised to the upside at 51.9, having been expected to remain at April’s level of 51.4, though the positivity surrounding this release has yet to filter through to base metals prices on the London Metal Exchange.
May 31, 2018
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By Generic people page
Insights
CHINA COKE WRAP: Prices tumble after spring demand misses mark
China’s coke export prices have fallen amid the country’s weakening ferrous markets with demand not picking up as strongly as expected in the spring season.
March 23, 2018
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By Generic people page
Insights
METALS MORNING VIEW 07/06: Metals prices remain under pressure
Base metals on the London Metal Exchange are mostly slightly firmer this morning, Wednesday June 7, with prices up an average of 0.2%, but volume remains light at 4,870 lots as at 06:53 BST.
June 7, 2017
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By Generic people page
Insights
METALS MORNING VIEW 09/03: Metals prices remain under pressure, no relief in sight yet
Base metals traded on the London Metal Exchange are for the most part weaker this morning, Friday March 9. The exception is nickel, where prices are up by 0.2%, while the rest are lower: Zinc (-1%), tin (-0.9%), aluminium (-0.5%), lead (-0.3%) and copper prices are off by 0.5% at $6,792 per tonne.
March 9, 2018
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By Generic people page
Insights
METALS MORNING VIEW 28/03: Base metals prices bearish on deteriorating risk sentiment
London Metal Exchange three-month base metals prices continue to produce sluggish price action, down 0.2% on average in the morning of Thursday March 28.
March 28, 2019
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By Generic people page
Insights
METALS MORNING VIEW 26/05: Base metals edge higher, most look well placed
Base metals prices are little changed this morning, Friday May 26, with three-month prices on the London Metal Exchange up an average of 0.2%.
May 26, 2017
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By Generic people page
Insights
METALS MORNING VIEW 22/05: Metals consolidate Friday’s gains, but look well placed
The base metals on the London Metal Exchange are consolidating this morning, Monday May 22, with prices down an average of 0.7%, although that is skewed by a 3% decline in three-month nickel prices to $9,085 per tonne. The rest are down an average of 0.4%, except tin prices which are little changed.
May 22, 2017
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By Generic people page
Insights
METALS MORNING VIEW 11/05: Metals prices attempt a rebound
Base metals prices on the London Metal Exchange are up by an average of 0.2% this morning, Thursday May 11, ranged between up 0.2% for aluminium and down 0.7% for nickel – three-month copper prices are up 0.5% at $5,537 per tonne. Volume has been average with 5,493 lots traded as of 07:01 BST.
May 11, 2017
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By Generic people page
Insights
METALS MORNING VIEW 25/10: Metals give back recent price gains while weakness in equities weighs on sentiment
Three-month base metals prices on the London Metal Exchange were for the most part under pressure during morning trading on Thursday October 25, with the complex down by an average of 0.2%. Poor US new home sales data on Wednesday and weakness in equity markets are weighing on market sentiment.
October 25, 2018
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By Generic people page
Insights
METALS MORNING VIEW 25/04: Metals consolidate, nickel looking vulnerable
The base metals traded on the London Metal Exchange are for the most part firmer this morning, Tuesday April 25, with copper, aluminium zinc and nickel prices up between 0.2% and 0.4%. Three-month copper prices are up 0.4% at $5,678 per tonne. While lead and tin prices are down 0.3% and 0.1%, respectively.
April 25, 2017
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By Generic people page
Insights
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