May 2019

LIVE FUTURES REPORT 23/05: Trade woes pressure LME base metals prices lower; zinc falls 1.3%

Base metals prices on the London Metal Exchange were lower during morning trading on Thursday May 23, with continued trade friction between the United States and China fueling risk-off sentiment while tight nearby spreads failed to attract fresh inflows.

BASE METALS WARRANT REPORT 22/05

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 22.

LIVE FUTURES REPORT 22/05: LME copper price dips below $6,000/t amid trade uncertainties, robust dollar

The three-month copper’s price on the London Metal Exchange fell by 1.3% at the close of trading on Wednesday May 22, with price pressure emerging from resurging trade tensions between the United States and China, while dollar strength is limiting commodity investment.

GLOBAL NICKEL WRAP: US, EU briquettes diverge; Chinese premiums stable on closed import window

The United States and European nickel briquette premiums diverged in the week to Tuesday May 22 on tariff uncertainty and shipping issues, while Chinese premiums traded flat across the board amid a lack of arbitrage profit possibility on a closed trade window.

NEWSBREAK: Aurubis acquires copper-tin secondary smelter Metallo for $424 mln

Germany’s Aurubis has agreed to acquire copper-tin recycler Metallo Group in a €380 million ($424 million) share purchase deal, it said on Wednesday May 22.

LIVE FUTURES REPORT 22/05: LME base metals prices down amid macro-inspired thin volumes, stronger dollar; Cu down 0.6%

London Metal Exchange base metals prices were suppressed in the morning session on Wednesday May 22, with macro-inspired bearish selling equating to thin trading volumes and a strengthened dollar exerting downward pressure.

LIVE FUTURES REPORT 22/05: Macro concerns, firm dollar weigh on SHFE base metals prices; Cu down 0.6%

Base metals prices on the Shanghai Futures Exchange were down across the board during morning trading on Wednesday May 22, with a challenging macroeconomic backdrop and firm dollar weighing on the complex.

WEEKLY BASE METAL PREMIUMS REPORT 21/05

A summary of base metals premiums from across the globe for the week to Tuesday May 21.

LIVE FUTURES REPORT 21/05: LME base metals mostly buoyed by Dow Jones upsurge; Cu hits fresh low

The majority of London Metal Exchange base metals prices continued to trade up during the afternoon session on Tuesday May 21, with the complex largely following the equities markets on their upward trajectory.

LIVE FUTURES REPORT 21/05: LME base metals prices advance despite dollar strength

Base metals prices on the London Metal Exchange were predominantly higher during morning trading on Tuesday May 21, ignoring an uptick in the dollar index, while trade war concerns continue to keep liquidity levels low.