The three-month nickel price on the London Metal Exchange was lower at the close of trading on Friday February 21, closing at its lowest level since June 2019 against thin turnover, while lead futures failed to hold onto gains made earlier in the day.
21 February 2020
Hassan Butt
Aluminium stocks in Shanghai Futures Exchange-approved warehouses increased the most in percentage terms in the week to Friday February 21, with inventories up by 20.9% to 409,635 tonnes.
21 February 2020
Anna Xu
The three-month nickel price on the London Metal Exchange was lower during morning trading on Friday February 21, with its price action now testing support at $12,500 per tonne, while a 14,000-tonne fresh cancelation failed to bolster copper’s futures price.
21 February 2020
Hassan Butt
The equity markets barometer suggests concerns over the economic impact of the novel coronavirus (2019-nCoV) have picked up again over the past 24 hours, with Asian equities weaker this morning, Friday February 21, as are most of the metals.
21 February 2020
William Adams
Base metals prices on the Shanghai Futures Exchange were broadly down at the close of morning trading on Friday February 21, with risk appetite weakening due to a rise in novel coronavirus (2019-nCoV) cases outside of China.
21 February 2020
Sally Zhang
The price of alumina in China continued to trend upward this week following reports that more refineries in the country are having to halt some of their capacity due to a shortage of raw materials amid transport restrictions.
21 February 2020
Hui Li
Here are five Fastmarkets stories you might have missed on Thursday February 20 that are worth another look.
21 February 2020
Fastmarkets MB staff
The three-month zinc price on the London Metal Exchange was lower at the close of trading on Thursday February 20, falling by more than 1% but holding above the nearby support level, while nickel failed to reduce its losses despite low turnover.
20 February 2020
Hassan Butt
Alumina prices on an fob Australia basis have gone up over the past week due to a high-priced deal for material destined for China, but market participants were still searching for clarity on market conditions on Thursday February 20.
20 February 2020
Alice Mason
The three-month nickel price on the London Metal Exchange was lower during morning trading on Thursday February 20, with price action pressured by continued inflows of material into LME-registered warehouses, while aluminium futures neared the $1,700-per-tonne support level.
20 February 2020
Hassan Butt
