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METALS MORNING VIEW 21/03: Metals prices remain under pressure, traders await outcome of FOMC meeting
Base metals prices on the London Metal Exchange are for the most part weaker this morning, Wednesday March 21, with all of the metals, except lead and tin, showing average losses of 0.3%. Copper is down by 0.4% at $6,732 per tonne, while lead is up by 0.4% at $2,360 per tonne and tin is little changed.
March 21, 2018
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By Generic people page
Insights
METALS MORNING VIEW 06/12: Metals prices under pressure in line with broad market weakness
Three-month base metals prices on the London Metal Exchange were weaker on the morning of Thursday December 6, with the complex down by an average of 0.9%. Continued weakness in equities, bond yields and increased trade tensions between the United States and China seem to be weighing on sentiment.
December 6, 2018
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By Generic people page
Insights
METALS MORNING VIEW 18/09: Metals market relieved new US tariffs were not more damaging
Three-month base metals prices on the London Metal Exchange were for the most part firmer this morning, Tuesday September 18. This despite US President Donald Trump imposing 10% tariffs on a further $200 billion of Chinese exports – the market no doubt relieved it was not 25%.
September 18, 2018
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By Generic people page
Insights
METALS MORNING VIEW 22/01: Metals start the week on a strong footing
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Monday January 22, with the complex up by an average of 0.2%.
January 22, 2018
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By Generic people page
Insights
METALS MORNING VIEW 11/03: Metals prices turn higher again despite poor economic data
Despite further poor economic data at the end of last week, the three-month base metals prices on the London Metal Exchange were for the most part higher this morning, Monday March 11.
March 11, 2019
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By Generic people page
Insights
MORNING VIEW: Volatility in metals prices likely to increase ahead of key economic data
China’s Caixin manufacturing purchasing managers’ index (PMI) was released earlier on Wednesday April 1; it rebounded to 50.1 in March from 40.3 in February, which supports the rebound in the official PMI data released on Tuesday - another sign that purchasing managers reported conditions were just “better” in March than they were a month earlier.
April 1, 2020
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By William Adams
Insights
LIVE FUTURES REPORT 02/03: SHFE base metals prices bounce despite weak China data; nickel surges 3.7%
Base metals traded on the Shanghai Futures Exchange were up strongly at the close of morning trading on Monday March 2, with the complex shrugging off dismal economic data releases from China.
March 2, 2020
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By Karen Ng
Insights
METALS MORNING VIEW 28/11: Metals prices firmer despite stronger dollar, other headwinds
Despite a firmer dollar, the three-month base metals prices on the London Metal Exchange are up across the board by an average of 0.8% this morning, Wednesday November 28. Nickel and tin are the outperformers with gains of 1.4% and 1.1% respectively.
November 28, 2018
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By Generic people page
Insights
LIVE FUTURES REPORT 09/07: Corrective rally underway across most SHFE base metals
Base metals, with the exception of lead, were all up on the Shanghai Futures Exchange during Asian morning trading on Monday July 9, with copper leading a corrective rally after weeks of selling.
July 9, 2018
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By Anna Xu
Insights
WEEK IN BRIEF: LME Week, Concord Resources, Codelco premiums, benchmark TC/RCs, Evraz Highveld rescue plan
Charlotte Radford takes a look at some key stories from LME Week in London, and the metal market news from the past five days.
October 16, 2015
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By Generic people page
Insights
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