March 2019

LIVE FUTURES REPORT 25/03: LME base metals down on weak EU, US economic data; Ni, Sn lead charge

Base metals prices on the London Metal Exchange were generally suppressed during morning trading on Monday March 25, continuing on the downward trajectory from last week.

METALS MORNING VIEW 25/03: Metals prices start week poorly amid risk-off sentiment

The London Metal Exchange three-month base metals prices ran into follow-through selling on the morning of Monday March 25 following the weak economic data points released at the end of last week.

IN CASE YOU MISSED IT: 5 key stories from March 22

Here are five Fastmarkets MB stories you might have missed on Friday March 22 that are worth another look.

LIVE FUTURES REPORT 22/03: LME copper price dips 1.7% amid poor PMI data

Copper’s three-month price on the London Metal Exchange was lower at the close of trading on Friday March 22, ending the week down more than 3% and closing just above $6,300 per tonne.

ICBC revises all base metals price forecasts lower for 2019 on negative macroeconomic indicators

The Industrial and Commercial Bank of China (ICBC) has revised its base metals price forecasts lower across the board for 2019 in its latest base metals outlook report, specifying global recession fears and a rising macro-financial tide in its adjustments.

LIVE FUTURES REPORT 22/03: Comex copper depressed in final session amid surging dollar

Comex copper prices failed to hold onto previous gains on Friday March 22, with a stronger dollar and concerns over global economic growth weighing on the base metals complex.

SHFE STOCKS REPORT 22/03: Base metals stocks show divergent movement

Base metal stocks on Shanghai Futures Exchange-approved warehouses showed divergent trends during the week ending Friday March 22, with zinc stocks falling by 6.5% but those of aluminium, tin and lead rising.

LIVE FUTURES REPORT 22/03: LME copper price softens amid dollar strength; nickel trades below $13,000/t

Copper’s three-month price on the London Metal Exchange was trading below $6,400 per tonne during morning trading on Friday March 22, capped by a rebound in the US dollar index.

METALS MORNING VIEW 22/03: Dollar rebound pressures metals prices

With three-month base metals prices on the London Metal Exchange having come off their weekly highs, most metals remained under selling pressure and have continued to consolidate this morning, Friday March 22.

LIVE FUTURES REPORT 22/03: SHFE copper prices slide after dollar rebounds

Copper prices on the Shanghai Futures Exchange were down during morning trading on Friday March 22, with the red metal coming under pressure from a rebound in the US dollar.