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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 06/03: Metals mixed, little bullishness evident
Base metals traded on the London Metal Exchange are mixed this morning, Tuesday March 6, with lead, zinc and tin prices down by an average of 0.5%, while copper, aluminium and nickel prices are up by an average of 0.3%.
March 6, 2018
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By Generic people page
Insights
METALS MORNING VIEW 01/08: Metals prices retreat again after Chinese manufacturing PMI disappoints
Three-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Wednesday August 1. Zinc led the decline with a 1.7% drop to $2,590 per tonne, while copper was down by 1.2% at $6,244 per tonne.
August 1, 2018
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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 11/04: Base metals prices consolidate, await further clarity
Base metals prices on the London Metal Exchange are consolidating this morning, Wednesday April 11, following a strong recovery in the previous session.
April 11, 2018
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By Generic people page
Insights
METALS MORNING VIEW 01/02: Metals prices lose upward momentum
Base metals prices on the London Metal Exchange are struggling to extend gains and are consolidating in high ground this morning, Thursday February 1. Copper ($7,073 per tonne), zinc, aluminium and nickel prices are off between 0.2% and 0.4%, while lead and tin prices are up by 0.2% and 0.1% respectively.
February 1, 2018
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By Generic people page
Insights
METALS MORNING VIEW 03/04: Metals mainly firmer – bargain hunting for Q2 emerging?
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Tuesday April 03, with prices up by an average of 0.7%.
April 3, 2018
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By Generic people page
Insights
WEEKLY SCRAP WRAP: Turkish bookings drag global prices up
Global scrap prices have increased over the past week, as the mills in Turkey returned to the deep-sea scrap markets for December bookings.
November 17, 2017
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By Generic people page
Insights
METALS MORNING VIEW 30/07: Copper prices fail to rise on Escondida labor development
Three-month base metals prices on the London Metal Exchange were broadly weaker on the morning of Monday July 30, with zinc (-0.9%), copper (-0.7%), lead (-0.2%) and nickel (-0.1%) all down, while aluminium and tin prices were up by 0.4% and 0.3% respectively.
July 30, 2018
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By Generic people page
Insights
METALS MORNING VIEW 19/02: Most metals prices consolidate, copper challenging resistance again
The three-month base metals prices traded on the London Metal Exchange were mixed and little changed on the morning of Tuesday February 19.
February 19, 2019
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By Generic people page
Insights
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