December 2019

PEOPLE MOVES: Access World CEO Peter Waszkis to retire next February

Peter Waszkis will retire as chief executive officer of warehouse and logistics provider Access World next February 2020, the company said in a news release on December 20.

LIVE FUTURES REPORT 23/12: LME aluminium price flat despite more than 100kt canceled

The London Metal Exchange aluminium price was relatively steady during morning trading on Monday December 23, shrugging off a large cancellation of 107,125 tonnes from LME warehouses.

LIVE FUTURES REPORT 23/12: Nickel bucks downtrending SHFE base metals

Base metals prices on the Shanghai Futures Exchange mostly softened during morning trading on Monday December 23, with the exception of the most-traded nickel contract, which bucked the trend with a 1.6% increase.

LIVE FUTURES REPORT 20/12: LME nickel price rallies 2.3% on positive China data

Base metals on the London Metal Exchange broadly closed down in the afternoon on Friday December 20, once more capped by a stronger US dollar index, trading up 0.29% at 97.69 this afternoon, ignoring better-than-expected economic indicators from China.

SHFE STOCKS REPORT 20/12: Most stocks of base metals fall

Stocks of most base metals, except copper and tin, stored in Shanghai Futures Exchange-approved warehouses declined in the week to Friday December 20.

LIVE FUTURES REPORT 20/12: LME base metals capped by stronger US dollar

Base metals prices on the London Metal Exchange were capped by a stronger US dollar, which traded up 0.03% at 97.43 during the morning session on Friday December 20, having absorbed any residual optimism from China’s liquidity boost on Thursday.

LIVE FUTURES REPORT 20/12: SHFE base metals prices mixed; Ni outshines with 1.2% gain

Base metals prices on the Shanghai Futures Exchange were split into two camps during the morning trading session on Friday December 20, with nickel outperforming the rest of complex with a 1.2% gain.

LIVE FUTURES REPORT 19/12: LME base metals buoyed by China liquidity boost, weaker US dollar

Base metals prices other than lead closed higher on the London Metal Exchange on Thursday December 19, bolstered by an injection of liquidity into China’s open markets, while a weaker US dollar index also proved supportive.

LIVE FUTURES REPORT 19/20: LME nickel price gains 1.6% despite fresh stock inflows

Nickel broke above $14,000 per tonne again in the morning trading session on the London Metal Exchange on Thursday December 19 despite further stock inflows.

LIVE FUTURES REPORT 19/12: SHFE base metals prices largely up following PBOC liquidity injection; Cu down 0.1%

Base metals prices on the Shanghai Futures Exchange were mostly in positive territory at the end of the morning trading session on Thursday December 19, with the complex buoyed by news earlier today that China’s central bank had injected another round of cash into the country’s financial system.