December 2019

LIVE FUTURES REPORT 13/12: LME aluminium price shrugs off fresh 33kt inflow; nickel holds above $14,100/t

The three-month aluminium price on the London Metal Exchange was higher across morning trading on Friday December 13, with price action unaffected by a fresh inflow of some 32,975 tonnes, while nickel futures maintained gains made over the week.

MORNING VIEW: Markets firmer on Trump’s ‘Big Deal’ tweet

Broader markets are upbeat this morning, Friday December 13, because hopes are running high that a preliminary United States-China trade will be signed before new tariffs come into force on Sunday as well as following the United Kingdom’s general election result that means a Brexit deal moves forward.

LIVE FUTURES REPORT 13/12: SHFE base metals prices rangebound while investors await direction

Base metals prices on the Shanghai Futures Exchange were on divergent paths but largely little changed at the close of the morning trading session on Friday December 13.

LIVE FUTURES REPORT 12/12: LME nickel price surpasses $14,000/t in 1.5% uptick; copper recovers

The three-month nickel price on the London Metal Exchange was higher at the close of trading on Thursday December 12, breaching nearby resistance despite its largest single inflow since 2016.

LIVE FUTURES REPORT 12/12: LME nickel price absorbs further inflows

The three-month nickel price on the London Metal Exchange consolidated during morning trading on Wednesday December 12, with another fresh inflow of 25,518 tonnes into several locations elevating a weak LME nickel stock count.

LIVE FUTURES REPORT 12/12: Most SHFE base metals prices up on rising optimism, dollar weakness; Sn, Al drop

Base metals on the Shanghai Futures Exchange were broadly higher at the close of the morning session on Thursday December 12, with optimism over a recovery in Chinese demand and a weak US currency providing support to the complex.

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

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

BASE METALS WARRANT REPORT 11/12

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday December 11.

LIVE FUTURES REPORT 11/12: LME nickel price climbs by 3% despite fresh inflows; copper breaches $6,150/t

Nickel gained more than 3% on the London Metal Exchange on Wednesday December 11, closing at a two-week high.

GLOBAL ZINC & LEAD WRAP: US lead premium rises on LME price fall; Italy delivered premium dips, Shanghai stable

The sharp fall in London Metal Exchange three-month lead price has put upward pressure on the US lead premium. Stock liquidation and weak buying saw the Italian delivered zinc premium decline, while the Shanghai zinc market held firm.