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LIVE FUTURES REPORT 26/10: Stronger dollar continues to pressure SHFE base metals prices; copper, lead buoyed
Base metal prices on the Shanghai Futures Exchange were mostly down during Asian morning trading on Friday October 26 after a firm dollar continued to put downward pressure on the complex. Copper and lead were the only metals to register gains – albeit marginal ones – in the early session, with supply tightness in both providing support.
October 26, 2018
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By Susan Zou
Insights
METALS MORNING VIEW 05/07: Sell-off continues, but tighter spreads suggest short-covering
Three-month base metals prices on the London Metal Exchange broadly continued their recent run of weakness on the morning of Thursday July 5. Nickel prices were unchanged, while the rest of the complex was down by between 0.3% for copper ($6,382 per tonne) and 0.7% for aluminium ($2,089 per tonne).
July 5, 2018
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By Generic people page
Insights
METALS MORNING VIEW 01/12: Metals prices consolidate, some buying emerging
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Friday December 1.
December 1, 2017
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By Generic people page
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
METALS MORNING VIEW 14/10: Metals prices trade sideways to lower
Base metals prices traded on the London Metal Exchange are for the most part weaker this morning, Tuesday November 14. Tin prices are bucking the trend with 0.2% gain, while the rest are down by an average of 0.6% - somewhat skewed by a 1.5% drop in nickel prices and 1.1% fall in lead prices. Three-month copper prices are off by 0.2% at $6,882 per tonne.
November 14, 2017
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By Generic people page
Insights
LIVE FUTURES REPORT 29/01: SHFE base metals consolidate negatively amid uncertainties on upcoming US-China trade talks, tin bucks the trend
Most base metals prices on the Shanghai Futures Exchange saw a slightly negative bias during Asian morning trading on Tuesday January 29 as market participants awaited the outcome of the US-China trade talks on January 30-31, although tin bucked the trend amid ongoing supply concerns.
January 29, 2019
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By Amy Lv
Insights
EV batteries will not replace lead-acid units yet, executive says
Lead-acid batteries used to power traditional vehicles should not be discounted just yet because the batteries used in electric vehicles (EVs) need to overcome a number of hurdles before the latter can retain significant market share in the automotive market, according to Doe Run Co vice president of sales and marketing Jose Hansen.
November 13, 2017
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By Millicent Dent
Insights
LIVE FUTURES REPORT 25/10: SHFE base metals prices broadly down; lead outperforms on tight supply
Base metals prices on the Shanghai Futures Exchange were mostly down during Asian morning trading on Thursday October 25 after the dollar strengthened once more, with only lead prices rising due to continued supply tightness in China.
October 25, 2018
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By Amy Lv
Insights
LIVE FUTURES REPORT 11/01: SHFE base metals prices extend losses; lead, tin edge up
Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Friday January 11, extending the weakness experienced on Thursday following disappointing economic data from China.
January 11, 2019
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By Susan Zou
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
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