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LIVE FUTURES REPORT 23/08: SHFE base metals prices slump on weak manufacturing data, declining yuan; Ni bucks trend
Base metals prices on the Shanghai Futures Exchange were in consolidation mode again on Friday August 23, with the complex broadly down - led by a 1% decline in zinc.
August 23, 2019
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By Karen Ng
Insights
IN CASE YOU MISSED IT: 5 key stories from June 9
Here are five Fastmarkets stories you might have missed on Tuesday June 9 that are worth another look.
June 10, 2020
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By Generic people page
Insights
MORNING VIEW: Markets torn between better economic data and worsening Covid-19 situation
There are many crosswinds for the markets to contend with this morning, Wednesday July 1, with better manufacturing data in Asia and interest rate cuts in China, but a deteriorating Covid-19 situation - especially in parts of the Americas - and raised geopolitical tension over Hong Kong.
July 1, 2020
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By William Adams
Insights
IN CASE YOU MISSED IT: 5 key stories from May 27
Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.
May 28, 2020
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By Generic people page
Insights
SHFE STOCKS REPORT 22/03: Base metals stocks show divergent movement
Base metal stocks on Shanghai Futures Exchange-approved warehouses showed divergent trends during the week ending Friday March 22, with zinc stocks falling by 6.5% but those of aluminium, tin and lead rising.
March 22, 2019
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By Huaqing Fu
Insights
LIVE FUTURES REPORT 16/04: SHFE base metals prices broadly rangebound; Zn slides 1.4%
Zinc prices on the Shanghai Futures Exchange gave a decidedly negative performance during morning trading on Tuesday April 16, while the rest of the complex was largely rangebound amid a firmer US dollar and hopes of an imminent US-China trade deal.
April 16, 2019
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By Huaqing Fu
Insights
LIVE FUTURES REPORT 30/03: Fresh 24kt inflow pressures LME aluminium price; risk-off sentiment sees complex weaker
The three-month aluminium price on the London Metal Exchange was lower during morning trading on Monday March 30, with price action falling by around 1.6% after more than 24,000 tonnes of metal was delivered back to LME-registered warehouses across Asia.
March 30, 2020
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By Hassan Butt
Insights
VNC to cease nickel, cobalt production at start of 2021
Vale New Caledonia (VNC) will cease operations at the onset of 2021, parent company Vale’s chief financial officer Luciano Siani Pires said on Thursday October 8.
October 8, 2020
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By Generic people page
Insights
MORNING VIEW: Markets mixed; rebound hopes running high, but participants remain nervous about US response to China over Hong Kong
Broad markets and the metals were mixed this morning, Wednesday May 27, while participants brace for what United States President Donald Trump’s response will be to China’s plans to impose national security laws in Hong Kong, which he said will be announced by the end of the week.
May 27, 2020
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By William Adams
Insights
MORNING VIEW: Broader markets firmer despite mixed economic data, Covid-19 concerns
Asian-Pacific equities and pre-market major western equity index futures were stronger this morning, Tuesday June 30, while base metals prices were for the most part firmer too - this despite Federal Reserve chairman Jerome Powell saying the US economy faces “extraordinary uncertainty”.
June 30, 2020
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By William Adams
Insights
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