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METALS MORNING VIEW 11/04: Metals prices remain on a back footing
Most of the base metals prices on the London Metal Exchange have stopped sliding this morning, Tuesday April 11, at least for now. On average the complex is up 0.1%, with copper, aluminium, nickel and lead prices up between 0.3% and 0.5%, while zinc prices are off 0.4% and tin prices are down 0.2%.
April 11, 2017
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By Generic people page
Insights
METALS MORNING VIEW 24/03: Metals consolidate, PMI data may provide direction
The base metals are slightly weaker this morning, Friday March 24, with London Metal Exchange prices down an average of 0.3% as of 06:20 GMT.
March 24, 2017
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By Generic people page
Insights
METALS MORNING VIEW 23/01: Metals prices consolidate while awaiting fresh direction
Three-month base metals prices on the London Metal Exchange had dipped in recent days on the back of global growth concerns and after follow-through buying from last week waned, but the complex is broadly up again with average gains of 0.3% this morning, Wednesday January 23.
January 23, 2019
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By Generic people page
Insights
METALS MORNING VIEW 19/11: Metals disappointed by lack of trade progress, but most prices hold up well
Disappointment that United States/China trade talks are not making progress has once again dampened sentiment in the London Metal Exchange's three-month base metals prices to the extent there has been little follow through to the strength seen at the end of last week.
November 19, 2018
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By Generic people page
Insights
METALS MORNING VIEW 24/07: Metals mixed but China’s intervention may provide support
Three-month base metals prices on the London Metal Exchange were mixed on the morning of Tuesday July 24; while copper prices were up by 0.4% at $6,154 per tonne, aluminium and tin prices were down by 0.4% and the rest were little changed.
July 24, 2018
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By Generic people page
Insights
METALS MORNING VIEW 07/06: Mixed start for base metals prices amid increasing trade tensions
Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Thursday June 7, with copper leading aluminium and nickel higher, while the rest were little changed to weaker.
June 7, 2018
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By Generic people page
Insights
METALS MORNING VIEW 16/08: Further volatility expected as aluminium, zinc push to new highs
The base metals are in a stronger mood this morning, Wednesday August 16, as markets stabilise following the recent spate of risk aversion created by rising tensions between the USA and North Korea, while a slightly softer tone in the dollar has lent modest support to the precious metals.
August 16, 2017
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By Generic people page
Insights
METALS MORNING VIEW 01/02: Metals prices consolidate while poor Chinese PMI data weighs on sentiment
Further weakness in China’s Caixin manufacturing purchasing managers’ index (PMI), that fell to 48.3 in January from 49.7 in the prior month, was enough to dent confidence in the base metals market this morning, Friday February 1, with prices for the most part weaker as a result.
February 1, 2019
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By Generic people page
Insights
METALS MORNING VIEW 30/01: Metals looking brighter ahead of US-China trade talks
Three-month base metals prices on the London Metal Exchange were for the most part still consolidating the gains seen at the end of last week, following weakness on Monday January 28, an up day on Tuesday, and now awaiting further direction.
January 30, 2019
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By Generic people page
Insights
METALS MORNING VIEW 21/06: Stronger tone falters in base metals prices
It has been a quiet start on the London Metal Exchange this morning, Wednesday June 21, as base metals prices remain little changed with price movements ranged between down 0.3% for tin and up 0.2% for zinc – copper prices are down 0.2% at $5,657 per tonne. Volume has been light with 4,009 lots traded as of 06:22 BST.
June 21, 2017
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By Generic people page
Insights
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