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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 13/04: Metals rebound, China trade data supportive
The base metals are rebounding this morning, Thursday April 13, after what has been a week or so of weaker prices.
April 13, 2017
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By Generic people page
Insights
METALS MORNING VIEW 28/06: Metals looking brighter, but watching weakness in broader markets
Base metals are little changed on the London Metal Exchange this morning, Wednesday June 28, with prices split between plus and minus 0.3%. Copper, lead and tin prices are firmer, aluminium and zinc prices are weaker and nickel prices are unchanged.
June 28, 2017
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By Generic people page
Insights
METALS MORNING VIEW 06/06: Base metals consolidate while havens on the rise
Base metals on the London Metal Exchange are slightly firmer this morning, Tuesday June 6, with prices up an average of 0.2%.
June 6, 2017
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By Generic people page
Insights
GLOBAL BILLET WRAP: Prices decline on lower scrap costs, weak trading
Most global billet prices edged down last week, amid lower scrap prices and weaker market activity due to the month-long Ramadan religious observation in Islamic countries.
May 28, 2018
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By Generic people page
Insights
METALS MORNING VIEW 28/02: Metals prices pull back after market surprised by Fed’s hawkish comments
Base metals traded on the London Metal Exchange are mainly weaker this morning, Wednesday February 28, with prices off by an average of 0.4%.
February 28, 2018
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By Generic people page
Insights
GLOBAL MANGANESE WRAP: Ore prices keep rising on stock drawdown, steel sector strength
Manganese ore prices continued to firm on Friday September 15 as sentiment was boosted by a gradual drawdown in stocks in China and anticipation of further strengthening in the steel sector.
September 18, 2017
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By Generic people page
Insights
METALS MORNING VIEW 21/04: Metals prices build on Thursday’s gains
Base metals prices have managed to generally build on the gains from Thursday with three-month London Metal Exchange prices up an average of 0.4%, this morning, Friday April 21.
April 21, 2017
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By Generic people page
Insights
METALS MORNING VIEW 19/04: Base metals prices run into support
Bounces have been seen across the base metals prices on the London Metal Exchange this morning, Wednesday April 19, with prices up an average of 0.6% as of 06:30 BST.
April 19, 2017
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By Generic people page
Insights
METALS MORNING VIEW 23/03: Cross currents lead to choppy metals’ prices
Volatility has picked up in the base metals trading on the London Metals Exchange in recent days, with prices down an average of 0.4% this morning, Thursday March 23. This is after prices rebounded on Wednesday afternoon following a bout of weakness that started on Monday.
March 23, 2017
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By Generic people page
Insights
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