The three-month copper price on the London Metal Exchange closed below the $4,800-per-tonne psychological threshold on Friday March 27, finishing at the day $4,790.50 per tonne with a turnover of just 11,475 lots.
27 March 2020
Rijuta Dey Bera
An overview of the battery raw materials markets and their price moves from the past week.
27 March 2020
Charlotte Radford, Susan Zou, Violet Li, Carrie Shi, Michael Greenfield, Sybil Pan
Base metals' stocks in Shanghai Futures Exchange-approved warehouses all fell over the week to Friday March 27, with lead, in particular, registering the biggest outflows.
27 March 2020
Violet Li
The three-month tin price on the London Metal Exchange was higher during morning trading on Friday March 27, with prices supported by a cancellation of 700 tonnes out of LME-registered warehouses in Port Klang, while zinc futures showed signs of improvement.
27 March 2020
Hassan Butt
Markets are looking quite mixed this morning, Friday March 27, with most Asian-Pacific equity indices up, the pre-market Dow Jones Industrial Average (DJIA) down by 1.1%, while base metals prices on the London Metal Exchange and Shanghai Futures Exchange are up and gold is down from recent highs.
27 March 2020
William Adams
Base metals prices on the Shanghai Futures Exchange were all up at the close of morning trading on Friday March 27, with the complex buoyed by positive performances in equity markets overnight and this morning.
27 March 2020
Sally Zhang
Here are five Fastmarkets stories you might have missed on Thursday March 26 that are worth another look.
27 March 2020
Fastmarkets MB staff
The three-month price of lead on the London Metal Exchange was the standout performer at the close of trading on Thursday March 26, climbing by just over 3% to close at its highest level since March 16, while copper futures found support above the $4,800 per tonne threshold.
26 March 2020
Hassan Butt
Glencore is placing its Raglan nickel, Matagami zinc and South African ferro-alloys operations on care and maintenance in response to Covid-19, the company said.
26 March 2020
Andrea Hotter
The London Metal Exchange three-month copper price declined during morning trading on Thursday March 26, with price action consolidating near the $4,800-per-tonne support level amid mild turnover, while tin futures failed to hold gains in a 2.4% downturn.
26 March 2020
Hassan Butt
