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METALS MORNING VIEW: Metals prices remain upbeat, upward momentum gathers pace
Base metals prices are firmer by an average of 0.3% this morning, Wednesday January 11, with three-month copper prices leading with a 0.6% gain to $5,778 per tonne, aluminium prices are up 0.5%, zinc prices are up 0.4%, nickel prices are up 0.2%, while the rest are little changed.
January 11, 2017
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By Generic people page
Insights
METALS MORNING VIEW 18/09: Dip buying emerges across the base metals
Base metals prices on the London Metal Exchange are up across the board by an average of 0.8% this morning, Monday September 18. Zinc prices lead the way with a 1.2% rise, followed by lead prices, up by 1.1%, and three-month copper prices that are up by 1% at $6,553 per tonne.
September 18, 2017
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By Generic people page
Insights
METALS MORNING VIEW 11/09: Dip buying emerges, but will it continue?
Base metals prices on the London Metal Exchange are up by an average of 0.5% this morning, Monday September 11, with prices ranged between up by 1.2% for zinc and down by 0.1% for tin – three-month copper prices are up by 0.4% at $6,710 per tonne.
September 11, 2017
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By Generic people page
Insights
METALS MORNING VIEW 21/06: Metals prices under pressure, support levels being tested
Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Thursday June 21, with the complex down by an average of 0.2%. Nickel, up by 0.3% at $15,000 per tonne, was the exception. Copper was off by 0.3% at $6,797 per tonne.
June 21, 2018
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By Generic people page
Insights
METALS MORNING VIEW 17/07: Metals prices begin to perk up after mixed start in Asia
Three-month base metals prices on the London Metal Exchange were mixed during morning trading on Tuesday July 17, with aluminium and lead prices down 0.1% and 0.2% respectively, while the rest of the metals were up between 0.4% for nickel and tin and 0.6% for copper. The three-month copper price recently was quoted at $6,228 per tonne.
July 17, 2018
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By Generic people page
Insights
METALS MORNING VIEW 26/06: Base metals prices consolidating after trade tensions ease
Global markets stabilized on the morning of Tuesday June 26 amid easing trade tensions, while three-month base metals prices on the London Metal Exchange consolidated after their weakness on Monday.
June 26, 2018
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By Generic people page
Insights
METALS MORNING VIEW 02/08: Metals prices consolidate ahead of option declaration, volume is high
Base metals prices on the London Metal Exchange are for the most part weaker this morning, Wednesday August 2. Aluminium is the exception, its prices are up 0.7% at $1,923 per tonne, while the rest are off by an average of 0.2%, with zinc prices off 0.5% and copper prices off 0.3% at $6,328 per tonne. Volume has been high at 12,379 lots as of 07:15 BST – this may be due to it being option declaration this morning.
August 2, 2017
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By Generic people page
Insights
TURKEY FLAT STEEL WRAP: Prices continue to fall, demand moderate in May
Flat steel prices in Turkey continued to fall in May, on moderate demand, and market participants expect June to be just as slow, as the Islamic holy month of Ramadan, and Eid will take place during the month.
June 8, 2017
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By Generic people page
Insights
GLOBAL BILLET WRAP: Buying activity subsides as price upswing persists
Steel billet prices in the global markets continued to trend upwards last week, supported by sustainable demand for the material and positive developments in the finished long steel sector.
July 24, 2017
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By Generic people page
Insights
METALS MORNING VIEW 31/05: Metals weaker despite firm Chinese PMI data
Most of the base metals prices are weaker this morning, Wednesday May 31, the exception is three-month copper prices on the London Metal Exchange that are up 0.3% at $5,677 per tonne. The other LME metals are down an average of 0.6%, although that is skewed by a 2.4% decline in nickel prices to $8,890 per tonne.
May 31, 2017
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By Generic people page
Insights
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