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MORNING VIEW: Base metals prices mainly weaker, despite firmer equities
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly weaker this morning, Wednesday February 3, with zinc prices bucking the trend.
February 3, 2021
·
By William Adams
Insights
Queues for aluminium halved at Istim warehouses in Port Klang
Waiting times for aluminium at Istim warehouses in Port Klang, Malaysia, fell to just 30 days at the end of November, according to the London Metal Exchange’s latest queue report.
December 11, 2020
·
Insights
MORNING VIEW: Base metals start to recover after Tuesday sell-off – all eyes on US Fed
Base metals prices on the London Metal Exchange were up across the board this morning, Wednesday July 7, suggesting dip buying after Tuesday’s weakness that saw copper, aluminium and nickel fall by 2%, or more.
July 7, 2021
·
By William Adams
Insights
MORNING VIEW: LME base metals prices weaker as US stimulus talks struggle, but underlying trends generally strong
Base metals prices on the London Metal Exchange were weaker this morning, Thursday October 22, this after a day of general strength on Wednesday that saw copper prices climb, intraday, back above $7,000 per tonne.
October 22, 2020
·
By William Adams
Insights
LIVE FUTURES REPORT 24/11: Copper sets new year-to-date high, others follow upward
The three-month copper price on the London Metal Exchange rose to a peak not seen since June 2018 this morning, Tuesday November 24, pulling the rest of the complex higher after a day of correction on Monday.
November 24, 2020
·
By the Fastmarkets team
Insights
MORNING VIEW: Metals, broader markets mixed but upbeat, although face headwinds
Recovery hopes tied into the rollout of Covid-19 vaccines and some brighter economic data has driven up bond yields that in turn has lifted the dollar, and that seems to be creating some hesitancy in the metals this morning, Wednesday February 17.
February 17, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices, broader markets bullish
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up across the board this morning, Thursday January 21, showing dips and pauses are attracting further buying, with tin and nickel leading on the upside.
January 21, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices find some dip-buying support after Wednesday’s sell-off
Base metals prices on the London Metal Exchange were mainly stronger this morning, Thursday May 20, on dip buying, while those on the Shanghai Futures Exchange were down across the board in reaction to the 3.5% average loss on the LME on Wednesday.
May 20, 2021
·
By William Adams
Insights
MORNING VIEW: Most LME base metals trying to rebound, but copper struggling
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed during the morning of Thursday May 27, as were broader markets – are these pauses, or early signs of a stall?
May 27, 2021
·
By William Adams
Insights
MORNING VIEW: Copper, aluminium upbeat, other metals tread water in high ground
Base metals prices on the London Metal Exchange were a bit more mixed this morning, Thursday May 6, while the return of trading on the Shanghai Futures Exchange after the Labor Day holidays saw good gains in all metals apart from zinc.
May 6, 2021
·
By William Adams
Insights
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