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METALS MORNING VIEW 20/11: Metals prices under pressure despite weaker dollar
Base metals traded on the London Metal Exchange are generally weaker this morning, Monday November 20, posting an average decline of 0.4%. Aluminium (-1%) and zinc (-0.7%) lead on the downside, while nickel is unchanged and the rest are off between 0.1% and 0.5%, with three-month copper prices off 0.5% at $6,763 per tonne.
November 20, 2017
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By Generic people page
Insights
METALS MORNING VIEW 19/04: Metal prices higher on broad-based commodity rally
After the eventful rally on Wednesday, both the base and precious metals complexes have continued their upward momentum in the morning of Thursday April 19 with a broad-based commodity rally supporting all metals prices higher.
April 19, 2018
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By Generic people page
Insights
METALS MORNING VIEW 11/10: Metals price rallies pause in high ground
Base metals prices on the London Metal Exchange are weaker across the board by an average of 0.7% this morning, Wednesday October 11. Zinc prices lead the decline with a 1.3% drop, followed by lead prices (-1%), nickel (-0.7%), tin and aluminium (-0.5%), while three-month copper prices are off by 0.2% at $6,739 per tonne.
October 11, 2017
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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 05/09: Metals consolidate, market focus shifts to emerging markets
Three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Wednesday September 5, with consolidation mode setting in after Tuesday’s losses.
September 5, 2018
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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 16/05: Metals prices recover after Tuesday’s show of weakness
Most of the base metals prices on the London Metal Exchange were little changed on the morning of Wednesday May 16, the exceptions were zinc (+0.6%) and tin (-0.5%). Copper was up by 0.1% at $6,818 per tonne.
May 16, 2018
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By Generic people page
Insights
MORNING VIEW: Disappointing Chinese PMI data keeps LME base metals prices on back foot
Base metals prices on the London Metal Exchange were for the most part treading water this morning, Tuesday April 30, while the market digests the disappointing Chinese data released earlier. This, combined with the fact that many Asian market participants are away for holidays this week, is likely to lead to subdued trading – but reduced liquidity could also lead to increased volatility.
April 30, 2019
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By Generic people page
Insights
METALS MORNING VIEW 19/07: Metals prices shake off early weakness
Base metals prices on the London Metal Exchange are for the most part weaker this morning, Wednesday July 19. Tin is the exception with a 0.5% gain to $20,110 per tonne, while the rest are down between 0.1% for copper at $5,997 per tonne and 0.4% for nickel and lead prices.
July 19, 2017
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By Generic people page
Insights
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