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MORNING VIEW: Base metals prices quiet, mixed while they wait for direction
With the exception of tin that was perched just below recent multi-year highs and aluminium that was little changed, base metals prices on the London Metal Exchange were weaker this morning, Tuesday June 8.
June 8, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices mixed as agreement on US relief package may be delayed
Base metals prices on the London Metal Exchange were mainly lower this morning, Tuesday January 26, but those on the Shanghai Futures Exchange were more mixed.
January 26, 2021
·
By William Adams
Insights
LIVE FUTURES REPORT 19/01: Copper sole LME base metal to make gains; Al continues to fall
Copper was the only base metal on the London Metal Exchange to register a gain during morning trading on Tuesday January 19, while aluminium’s forward price continued to drop and tin recorded the biggest decline, with the complex still capped by a firm dollar.
January 19, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices mixed, stronger dollar a headwind
Base metals prices on the London Metal Exchange were mainly weaker, while those on the Shanghai Futures Exchange were mainly firmer this morning, Thursday February 4, with the weaker dollar likely weighing on dollar-denominated prices.
February 4, 2021
·
By William Adams
Insights
SHFE STOCKS REPORT 06/11: Minimal movement in inventories; lead up 6.5%
Deliverable stocks of base metals in Shanghai Futures Exchange-registered warehouses were little moved in the week to Friday November 6, with the biggest percentage change seen in lead at 6.5%.
November 6, 2020
·
By Karen Ng
Insights
LIVE FUTURES REPORT 15/12: LME base metals prices mixed despite positive Chinese data
Three-month base metals prices on the London Metal Exchange were mixed during morning trading on Tuesday December 15, with nickel being the only metal to see a rise of more than 0.5%, despite positive Chinese economic data.
December 15, 2020
·
By the Fastmarkets team
Insights
LIVE FUTURES REPORT 29/04: LME copper cash price hits $10,000/t; 64kt aluminium delivery in Port Klang
Base metals prices on the London Metal Exchange were higher across the board during morning trading on Thursday April 29, supported by a weaker dollar and bullish sentiment.
April 29, 2021
·
Insights
MORNING VIEW: Base metals prices boosted by dovish Fed, bullish Biden
With the exception of lead on the Shanghai Futures Exchange, base metals prices were stronger this morning, Thursday April 29, reassured that Federal Reserve would keep policy loose and because United States President Joe Biden pumped up the outlook for the US by saying the country is “ready for takeoff".
April 29, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices mixed; weakness in equities, US CPI in focus
Base metals prices on the London Metal Exchange were little changed and consolidating this morning, Wednesday May 12, this after some choppy trading in recent days.
May 12, 2021
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By William Adams
Insights
LIVE FUTURES REPORT 22/12: Nickel down 1.6%; LME complex falls on Covid-19 variant fears
Nickel’s three-month price on the London Metal Exchange was down by 1.6% during morning trading on Tuesday December 22, with the rest of the complex mostly trading lower given the spread of a new variant of Covid-19 across Europe.
December 22, 2020
·
By the Fastmarkets team
Insights
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