October 2017

LIVE FUTURES REPORT 20/10: LME Al, nickel closes week higher; copper closes below $7,000/t

Base metals prices on the London Metal Exchange mostly ended the week in negative territory on Friday October 20, with aluminium prices bucking the trend.

LIVE FUTURES REPORT 20/10: LME nickel price rallies over $400/t; copper back above $7,000/t

Base metals prices on the London Metal Exchange were mostly higher this morning, Friday October 20, with nickel’s rally leading the pack.

LIVE FUTURES REPORT 20/10: SHFE lead stocks rise 18%; copper up 8%

Deliverable lead stocks at Shanghai Futures Exchange-approved warehouses have increased by 3,549 tonnes or 18.4% over the past week to 22,863 tonnes as of Friday October 20, making it the standout performer among the complex.

METALS MORNING VIEW 20/10: Underlying sentiment seems to remain bullish

Base metals prices on the London Metal Exchange are mostly higher with gains averaging 1.1% this morning, Friday October 20. The exception is tin where prices are off by 0.3%. Nickel prices once again lead the gains with a 2.5% increase to $12,065 per tonne, with lead prices up by 1.6% and copper prices up by 1.3% to $7,060 per tonne. Zinc and aluminium prices are up by 0.9% and 0.6%, respectively.

LIVE FUTURES REPORT 20/10: SHFE aluminium prices supported by lower production data; copper up slightly

Aluminium prices on the Shanghai Futures Exchange (SHFE) inched higher during Asian morning trading on Friday October 20, supported by lower production data out of China and increased buying interest from downstream participants.

LIVE FUTURES REPORT 19/10: Base metals dip slightly on close; copper on three-day losing streak

Base metals prices on the London Metal Exchange dipped across the board on Thursday October 19, unmoved by generally sound Chinese economic data.

LIVE FUTURES REPORT 19/10: LME nickel price recovers; Al supported by winter capacity cut news

Nickel prices on the London Metal Exchange recovered over $100 on Thursday October 19, while aluminium traded slightly higher on strong sentiment for the light metal.

METALS MORNING VIEW 19/10: Metals prices continue to consolidate

Base metals prices on the London Metal Exchange are broadly higher this morning, Thursday October 19. Nickel prices lead the gains with a 1.2% increase to $11,770 per tonne, while tin, aluminium and copper prices are up by between 0.1% and 0.4%, with three-month copper prices at $7,005. Lead and zinc are bucking the trend, with prices down by 1.1% and 0.5%, respectively.

LIVE FUTURES REPORT 19/10: SHFE aluminium supported by capacity cuts, rising alumina prices; copper retreats

Aluminium prices on the Shanghai Futures Exchange (SHFE) inched higher during Asian morning trading on Thursday October 19, supported by further winter capacity cuts in China and rising prices for alumina.

LIVE FUTURES REPORT 18/10: LME zinc, lead only base metals prices to rise while copper dips below $7,000/t

Zinc and lead were the only base metals prices to close in positive territory on the London Metal Exchange on Wednesday October 10.