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METALS MORNING VIEW 01/03: Metals prices consolidate, albeit on a back footing
Base metals traded on the London Metal Exchange are for the most part consolidating after recent weakness, the exceptions are aluminium prices that are up by 0.7% at $2,147 per tonne and lead prices that are down by 0.5% at $2,490 per tonne. The rest are little changed, with copper prices recently quoted at $6,943 per tonne.
March 1, 2018
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By Generic people page
Insights
***COMMENT: Probable cause
The latest Chinese investment in a US steelmaker has been widely criticised by the domestic industry.
May 28, 2010
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By Generic people page
Insights
METALS MORNING VIEW 13/03: Metals prices consolidate, hold up well despite headwinds
Three-month base metals prices on the London Metal Exchange were mixed this morning, Wednesday March 13, with copper, aluminium, nickel and zinc down by an average of 0.2%, while lead was up by 0.6% and tin was little changed.
March 13, 2019
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By Generic people page
Insights
METALS MORNING VIEW 14/03: Metals prices mainly weaker after Chinese industrial production slows, but other data looks brighter
Three-month base metals prices on the London Metal Exchange were mixed this morning, Thursday March 14, with copper, nickel, lead and zinc down by an average of 0.4%, while lead and tin were up by 0.1% 0.4% respectively.
March 14, 2019
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By Generic people page
Insights
METALS MORNING VIEW 05/07: Sell-off continues, but tighter spreads suggest short-covering
Three-month base metals prices on the London Metal Exchange broadly continued their recent run of weakness on the morning of Thursday July 5. Nickel prices were unchanged, while the rest of the complex was down by between 0.3% for copper ($6,382 per tonne) and 0.7% for aluminium ($2,089 per tonne).
July 5, 2018
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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
WEEK IN BRIEF: Copper financing deals; dollar strength; cobalt interest; manganese alloy closures
Metal Bulletin’s Charlotte Radford reviews some of the key news from the past seven days.
June 12, 2015
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By Generic people page
Insights
METALS MORNING VIEW 30/10: Metals off to a quiet start
Base metals prices on the London Metal Exchange are fairly mixed this morning, Monday October 30, with the complex off by an average of 0.3%. Three-month copper prices are little changed at $6,841 per tonne, while the rest are ranged between lead prices that are down by 0.9% and zinc prices that are up by 0.4%. Aluminium prices are down by 0.8%, nickel prices are off by 0.6% and tin prices are up by 0.3%.
October 30, 2017
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By Generic people page
Insights
METALS MORNING VIEW 14/12: Metals prices start quietly, but strong data beginning to help
Base metals prices on the London Metal Exchange started the European trading day slightly weaker this morning, Thursday December 14, with losses in copper (-0.3% at $6,721 per tonne), lead (-0.3%), zinc (-0.2%) and tin (-0.1%), while aluminium is up by 0.1% and nickel prices are unchanged. They have since started to rally, helped by stronger data.
December 14, 2017
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By Generic people page
Insights
METALS MORNING VIEW 08/03: Metals prices weaker after China’s trade data highlights economic slowdown
Three-month base metals prices on the London Metal Exchange were for the most part weaker again this morning, Friday March 8, and weak Chinese trade data has not helped sentiment.
March 8, 2019
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By Generic people page
Insights
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