November 2018

LIVE FUTURES REPORT 15/11: SHFE base metals prices recover after Wednesday’s weakness; zinc leads on the upside

Base metals prices on the Shanghai Futures Exchange were up across the board during Asian morning trading on Thursday November 15, reversing the previous day’s losses on a weaker dollar and easing trade tensions.

ICDX tin trades slashed in Indonesian supply crunch; LME tin price unshaken

Tin trades on the Indonesia Commodity & Derivatives Exchange (ICDX) have completely halted because of significant supply disruptions in the country, Fastmarkets heard on Wednesday November 14.

LIVE FUTURES REPORT 14/11: Most LME base metals prices appreciate amid crude oil rebound

Base metals prices on the London Metal Exchange were predominantly higher at the close of trading on Wednesday November 14, boosted by a steady rebound in global benchmark crude oil futures and a marginal retreat in the dollar index.

GLOBAL TIN WRAP: European premiums market lacks direction; Global markets stable, premiums flat

The tin premium in Europe remains at a 21-month high amid continued uncertainty over Indonesian supply, while thin spot activity and a closed import arbitrage window kept premiums firm in the United States and China.

LIVE FUTURES REPORT 14/11: LME base metals drift lower amid crude oil sell-off; nickel price under pressure

Base metals on the London Metal Exchange were mostly lower during morning trading on Wednesday November 14, with prices weakened by a prolonged sell-off in crude oil markets while continued strength in the US dollar index increased downward pressure.

METALS MORNING VIEW 14/11: Metals prices, sentiment remain gloomy

Three-month base metals prices on the London Metal Exchange were broadly weaker on the morning of Wednesday November 14, with the three-month copper price down by 0.1% at $6,040 per tonne. This after Tuesday’s energetic start that saw the red metal reach $6,181 per tonne at one point.

LIVE FUTURES REPORT 14/11: SHFE base metals prices all down following lackluster China data; nickel leads the decline

Base metals prices on the Shanghai Futures Exchange weakened during Asian morning trading on Wednesday November 14, with the release of lackluster Chinese data failing to offset the downward pressure being exerted by a strong dollar.

WEEKLY BASE METAL PREMIUMS REPORT: 13/11

A summary of base metals premiums from across the globe for the week to Tuesday November 13.

LIVE FUTURES REPORT 13/11: LME lead price stages moderate recovery; nickel continues downtrend

Closing prices for base metals on the London Metal Exchange were mixed on Tuesday November 13, with lead the biggest positive move of the day while zinc failed to close above its nearby support level amid record-low LME inventories for both metals.