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METALS MORNING VIEW 07/03: Tariff uncertainties a headwind for base metals prices
Base metals traded on the London Metal Exchange are down across the board by an average of 0.3% this morning, Wednesday March 7. Nickel leads the decline with a 0.9% drop to $13,520 per tonne, while the rest are off between less than 0.1% and 0.3%, with three-month copper prices at $6,977 per tonne.
March 7, 2018
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By Generic people page
Insights
LIVE FUTURES REPORT 06/03: SHFE base metals prices broadly consolidate after recent weakness
Base metals prices on the Shanghai Futures Exchange were mostly little changed during morning trading on Wednesday March 6, with the complex in consolidation mode after weakness on Tuesday.
March 6, 2019
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By Huaqing Fu
Insights
METALS MORNING VIEW 21/01: Metals prices hold up well despite China’s weak GDP
Despite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly.
January 21, 2019
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By Generic people page
Insights
MORNING VIEW: LME base metals prices consolidate after recent rebounds, sentiment improved for now
What difference a few days makes, with base metals and broader, non-haven, markets looking considerably more upbeat recently, with copper prices on Thursday September 5 reaching levels last seen in early August - that after just two-days of gains. That said, the metals are consolidating this morning.
September 6, 2019
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By Generic people page
Insights
METALS MORNING VIEW 29/03: Prices getting some lift – book squaring or start of a rebound?
Base metals prices on the London Metal Exchange are for the most part stronger today, Thursday March 29, with prices up by an average of 0.6%. Nickel leads the advance with a 2% rise to $13,300 per tonne, while copper is up by 1% at $6,732 per tonne.
March 29, 2018
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By Generic people page
Insights
LIVE FUTURES REPORT 28/02: SHFE base metals prices firm despite disappointing China data
Base metals prices on the Shanghai Futures Exchange were up across the board during morning trading on Thursday February 28, but gains were fairly limited amid renewed caution in the market.
February 28, 2019
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By Violet Li
Insights
METALS MORNING VIEW 20/07: Second rebound attempt in three days for metals
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% on the morning of Friday July 20. Gains were ranged between 0.2% for aluminium and lead and 1.1% for nickel, with copper up by 0.8% at $6,104 per tonne.
July 20, 2018
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By Generic people page
Insights
LORD COPPER: The LME’s new proposals on load-out make good sense
The London Metal Exchange has proposed further alteration to its rules concerning load-out rates for bonded warehouses.
November 16, 2012
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By Generic people page
Insights
METALS MORNING VIEW 16/07: Weak Chinese data keeps metals prices under pressure
Base metals prices remained on a back footing this morning, Monday July 16, with three-month prices on the London Metal Exchange down by an average of 0.7%. Prices are in low ground with US trade policy and slow/slowing global economic growth weighing on prices.
July 16, 2018
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By Generic people page
Insights
METALS MORNING VIEW 16/01: Base metals take a break
Base metals traded on the London Metal Exchange are edging lower this morning, Tuesday January 16, posting an average loss of 0.7% on subdued trading volumes. Nickel prices, down by 1.6%, are the weakest, while copper and tin prices, both down by 0.2%, are showing the most resilience.
January 16, 2018
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By Generic people page
Insights
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