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ASIAN MORNING BRIEF 23/02: Most base metals caught in sell-off on LME; Wieland-Werke to acquire Aurubis rolled products division; zinc concentrate market at ‘turning point’ this year, Nyrstar says
The latest news and price moves to start the Asian day on Friday February 23.
February 23, 2018
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By Generic people page
Insights
MORNING VIEW: LME metals mixed in quiet trade with China on holiday
Metals continue to languish in high ground during morning trading on Monday June 14, with tin being the exception as it continues to push higher on strong fundamentals due to supply disruptions.
June 14, 2021
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By William Adams
Insights
MORNING VIEW: Base metals prices supported by strong data out of China
The base metals on the London Metal Exchange were mainly stronger this morning, Monday January 18, aided by some strong economic data in China, including gross domestic product (GDP) that showed growth of 6.5% year on year in the fourth quarter, which was stronger than the 6.2% expected and up from 4.9% in the third quarter.
January 18, 2021
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By William Adams
Insights
MORNING VIEW: LME base metals run into dip buying after recent weakness
Rebounds were under way in the base metals complex in London this morning, Friday June 18, while in Shanghai the base metals mostly reflected the weakness seen on the London Metal Exchange on Thursday.
June 18, 2021
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By William Adams
Insights
MORNING VIEW: Base metals prices on LME rebound after broad-based weakness on Monday
Base metals prices on the LME were up across the board this morning, Tuesday July 20, while the SHFE followed Monday's weakness, which was triggered by growing fears over the potential impact of the Delta variant of Covid-19 on the global economic recovery.
July 20, 2021
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By William Adams
Insights
MORNING VIEW: Base metals prices pull back as markets generally take a breather
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part down on Friday January 22, after having been up across the board a day earlier, while markets generally seem to be taking a breather after the enthusiasm the US presidential inauguration brought.
January 22, 2021
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By William Adams
Insights
Queues at Istim warehouses in Port Klang fall to 20 days
Waiting times for aluminium at Istim warehouses in Port Klang, Malaysia, fell to just 20 days at the end of December, according to the London Metal Exchange’s latest queue report.
January 11, 2021
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Insights
MORNING VIEW: Base, precious metals looking stronger again as dollar weakens
Base metals prices on the Shanghai Futures Exchange, apart from those for lead, were up during morning trading on Tuesday July 6. Those on the London Metal Exchange were mixed, but that was after a generally positive day on Monday.
July 6, 2021
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By William Adams
Insights
MORNING VIEW: Base metals firmer in Shanghai, mixed in London
While copper and tin prices are showing some hesitancy on the London Metal Exchange, most of the other base metals are looking robust this morning, Friday June 25, and all the base metals in Shanghai are upbeat too.
June 25, 2021
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By William Adams
Insights
MORNING VIEW: Base metals prices mainly firmer, but consolidation dominates
Apart from aluminium, base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were firmer this morning, Tuesday March 30, with broader markets also firmer having partially shook off, for now, contagion worries from last week’s hedge fund troubles.
March 30, 2021
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By William Adams
Insights
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