January 2019

LIVE FUTURES REPORT 22/01: LME Al price increases amid 37kt cancelation; zinc, lead trend higher

Base metals prices on the London Metal Exchange were mixed during morning trading on Tuesday January 22, with aluminium futures leading gains on more than 37,000 tonnes freshly canceled while broad strength in the US dollar index fueled downward pressure.

METALS MORNING VIEW 22/01: Metals prices suffer after global growth outlook lowered

Once again the upside initiatives in three-month base metals prices on the London Metal Exchange have run into overhead resistance, with the complex down by an average of 0.4% this morning, Tuesday January 22.

LIVE FUTURES REPORT 22/01: Macro concerns pressure SHFE base metals prices; tin most resilient

Base metals prices on the Shanghai Futures Exchange were predominantly down during Asian morning trading on Tuesday January 22, with the complex reversing the previous day’s gains. Tin, as was the case on Monday, bucked the trend – but this time to the upside.

LIVE FUTURES REPORT 21/01: Mixed trading continues as uncertainty about China builds

The base metals complex showed mixed results in afternoon trading on Monday January 21, with London Metal Exchange-three month prices for copper, aluminium and nickel failing to live up to last week’s universal closing rally.

LIVE FUTURES REPORT 21/01: Base metals have mixed morning after Chinese data release

Base metals on the London Metal Exchange complex consolidated in mixed morning trading on Monday 21 January, while market focus shifted to China’s fourth-quarter data release.

METALS MORNING VIEW 21/01: Metals prices hold up well despite China's weak GDP

Despite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly.

LIVE FUTURES REPORT 21/01: US-China trade optimism continues to buoy SHFE base metals prices

Base metals prices, barring those for tin, on the Shanghai Futures Exchange were up during Asian morning trading on Monday January 21, with residual optimism over trade talks between China and the United States helping to offset some weak Chinese data earlier this morning.

LIVE FUTURES REPORT 18/01: Focus on US-China trade talks as nickel rises 1.9%

Prices in the base metals complex consolidated higher at the close of trade on Friday January 18 amid continued optimism about trade talks between the United States and China, and increased bullish sentiment overall.

SHFE STOCKS REPORT 18/01: Zinc, copper and lead stocks up due to thin trades ahead of Chinese Lunar New Year

Copper, zinc and lead stocks on the Shanghai Futures Exchange were up week on week on Friday January 18 in a quiet trading week in China, while aluminum, nickel and tin stocks fell.

LIVE FUTURES REPORT 18/01: LME base metals firmer amid rising US-China trade deal optimism; 22kt aluminium freshly canceled

Growing optimism for a US-China trade agreement has prompted London Metal Exchange base metals prices to consolidate higher across the board in morning trading on Friday January 18, with zinc’s 1.3% increase leading the charge.