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METAL MORNING VIEW 23/05: Metals prices consolidate, flash PMI data may provide direction
Base metals prices on the London Metal Exchange are treading water this morning, Tuesday May 23, with prices down an average of 0.2%.
May 23, 2017
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By Generic people page
Insights
METALS MORNING VIEW 19/05: Prices rebounded off lows on Thursday, will there be follow through buying today?
The base metals are on divergent paths this morning, Friday May 19, with three-month London Metal Exchange lead prices up 0.4%, copper prices up 0.3% at $5,597 per tonne, while nickel prices are down 1% at $9,085 per tonne and the rest are little changed.
May 19, 2017
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By Generic people page
Insights
METALS MORNING VIEW 15/05: Metals firmer, Chinese financing pledge supportive
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Monday May 15.
May 15, 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 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
METALS MORNING VIEW 15/09: Metals in correction mode, but some dip buying evident
Base metals traded on the London Metal Exchange are on divergent paths this morning, Friday September 15, with losses in aluminium (-0.6%), nickel (-0.5%) and copper (-0.1%) at $6,496 per tonne, while zinc is up 0.3% and lead and tin are little changed.
September 15, 2017
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By Generic people page
Insights
METALS MORNING VIEW 22/06: Metals start European trading indecisively after a stronger Asian session
A quiet but positive start to trading on the London Metal Exchange this morning, Thursday June 22, with base metals prices up across the board with average gains of 0.2%.
June 22, 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
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
METALS MORNING VIEW 18/01: Base metals hold up well on LME, less so on SHFE
Base metals prices are for the most part firmer this morning, Wednesday January 18, with prices up an average of 0.4%.
January 18, 2017
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By Generic people page
Insights
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