November 2019

WEEKLY BASE METALS REPORT 12/11

A summary of base metals premiums from across the globe for the week to Tuesday November 12.

LIVE FUTURES REPORT 12/11: LME nickel price shows slight uptick on high turnover; lead falls 1.5%

The three-month nickel price on the London Metal Exchange improved at the close of trading on Tuesday November 12, climbing by around 0.5% on high turnover, while the rest of the base metals complex struggled to close in positive territory.

INTERVIEW: Cmdty to create digital marketplace for physical commodities, co-founder Evans says

Lifelong commodities trader Scott Evans has joined forces with a technology guru and a physical logistics specialist to co-found Cmdty, with the aim of creating a digital marketplace for physical commodities.

LIVE FUTURES REPORT 12/11: LME nickel price downturn continues; zinc improves despite tight spreads

The three-month nickel price on the London Metal Exchange continued to fall during morning trading on Tuesday November 12, with dip-buying yet to emerge against broadly high turnover across the complex.

MORNING VIEW: Gold prices correct while market takes profits, as do nickel prices after Indonesia allows more ore exports

While investors and traders are still waiting for direction on China-United States trade talks, markets are reviewing their individual situations and adjusting accordingly.

LIVE FUTURES REPORT 12/11: SHFE nickel price slumps 2.6%, mirroring weakness on LME; others mixed

Base metals prices on the Shanghai Futures Exchange gave a subdued performance during morning trading on Tuesday November 12, with the complex awaiting the next development in United States-China trade talks.

IN CASE YOU MISSED IT: 5 key stories from November 11

Here are five Fastmarkets MB stories you might have missed on Monday November 11 that are worth another look.

LIVE FUTURES REPORT 11/11: LME nickel price leads the complex lower to sink 4% in continued sell-off

The three-month nickel price on the London Metal Exchange continued to fall over the course of Monday November 11 to end the day’s trading down by just under 4% against high turnover, while the rest of the complex similarly closed lower.

Chilean copper output up 1.2% in September amid Codelco's growth

Chilean copper production grew by 1.2% year-on-year in September, as higher output from state-owned Codelco offset a drop from Escondida and Collahuasi, the country's copper commission, Cochilco, said on Thursday November 7.

LIVE FUTURES REPORT 11/11: LME nickel price sinks 2.2% on trade worries; tin follows lower

The three-month nickel price on the London Metal Exchange recorded a sharp sell-off during morning trading on Monday November 11 on mounting fears that progress in a US-China trade deal could stall.