April 2020

LIVE FUTURES REPORT 06/04: LME copper price nears $4,900/t; tin gathers momentum

The three-month copper price on the London Metal Exchange was higher during morning trading on Monday April 6, with prices nearing the $4,900-per-tonne resistance level amid low turnover, while the tin price was supported by a fresh outflow.

MORNING VIEW: Metals start week on firmer footing but in low volumes due to China holiday

Three-month base metals prices on the London Metal Exchange were up across the board this morning, Monday April 6, as were gold and silver prices.

LIVE FUTURES REPORT 03/04: LME aluminium contract closes below $1,500 amid low turnover

The London Metal Exchange three-month aluminium price briefly breached the $1,500 per tonne mark, with an intraday high of $1,505 per tonne, but closed at $1,481.50 per tonne on Friday April 3.

BATTERY RAW MATERIALS MARKET REPORT 03/04: Dampened consumer electronics demand weighs on cobalt tetroxide

An overview of the battery raw materials markets and their price moves from the past week.

LIVE FUTURES REPORT 03/04: Fresh 1,900t inflow cools LME tin price; copper nears $4,900/t

The three-month tin price on the London Metal Exchange fell by 1.3% during morning trading on Friday April 3 after 1,900 tonnes of tin was delivered into LME-registered warehouses, while copper continues to test nearby resistance levels.

SHFE STOCKS REPORT 03/04: Base metals stocks continue to tumble on resumed operations

Base metals' inventories in Shanghai Futures Exchange-approved warehouses continued to fall in the week ending Friday April 3, with lead registering the biggest outflows.

MORNING VIEW: Markets volatile, skeptical about Trump’s oil talk; traders brace for US employment report

Markets are mixed and on average weaker this morning, Friday April 3, after the rally on Thursday following a 20% rise in oil prices faded.

LIVE FUTURES REPORT 03/04: SHFE base metals prices mostly down; Cu, Al up marginally

Barring that of copper and aluminium, base metals prices on the Shanghai Futures Exchange were weaker during morning trading on Friday April 3.

LIVE FUTURES REPORT 02/04: LME zinc price tops complex in surprise upswing; Al fails to breach $1,500

The three-month price of zinc on the London Metal Exchange was the standout performer at the close of trading on Thursday April 2, climbing by 1.5% despite a three-month low in turnover, while an afternoon rally did little to push aluminium above nearby resistance.

LIVE FUTURES REPORT 02/04: Large 48kt inflow maintains LME Al under $1,500/t

The London Metal Exchange three-month aluminium price declined during morning trading on Thursday April 2, with a fresh inflow of more than 48,000 tonnes pressuring price action lower, while pandemic-related risk-aversion led the rest of the complex consolidate.