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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: 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: 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: 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
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
MORNING VIEW: Base metals prices, boarder markets mixed amid cross currents
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed, although copper prices on both exchanges remain strong this morning, Tuesday February 23, while tightness on the LME dominates.
February 23, 2021
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By William Adams
Insights
MORNING VIEW: Underlying support in base metals continues to look robust
LME base metals have looked tired, having lost their upward momentum in the past few days, but underlying support looks plentiful, with all the base metals on the SHFE being in positive territory this morning, Wednesday June 9.
June 9, 2021
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By William Adams
Insights
MORNING VIEW: Copper, lead, nickel and tin prices push higher despite China being closed
Even with Chinese market participants on holiday, base metals prices on the London Metal Exchange have for the most part been bullish on Monday February 15, with the exception of zinc.
February 15, 2021
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By William Adams
Insights
MORNING VIEW: LME base metals prices consolidating in high ground
With Chinese markets closed, volume traded on the London Metal Exchange has been light this morning, Tuesday May 4, with 2,368 lots traded as of 6.14am. But the base metals were holding up in high ground with gains averaging 0.7%, led by a 1.1% rise in copper to $9,916.50 per tonne.
May 4, 2021
·
By William Adams
Insights
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