February 2020

LIVE FUTURES REPORT 12/02: SHFE base metals prices mixed amid lingering coronavirus concerns

Base metals prices on the Shanghai Futures Exchange were mixed during morning trading on Wednesday February 12 amid lingering concerns over the spread of the novel coronavirus in China and its impact on the country’s economy.

IN CASE YOU MISSED IT: 5 key stories from February 11

Here are five Fastmarkets MB stories you might have missed on Tuesday February 11 that are worth another look.

WEEKLY BASE METAL PREMIUMS REPORT: 11/02

A summary of base metals premiums from across the globe for the week to Tuesday February 11.

LIVE FUTURES REPORT 11/02: LME base metals prices buoyed by fresh China liquidity boost

London Metal Exchange base metals prices were trading up at the close on Tuesday February 11, bolstered by a fresh injection of capital from the People’s Bank of China (PBoC).

BNP Paribas to take on SocGen OTC metals portfolio in auction deal

BNP Paribas will take on the over-the-counter (OTC) base and precious metal clients of fellow French bank Société Générale (SocGen), which is reducing its commodities exposure, both companies confirmed to Fastmarkets on Tuesday February 11.

LIVE FUTURES REPORT 11/02: LME nickel price back above $13,000/t; copper rebounds 1.2%

The London Metal Exchange three-month nickel price climbed by over 2% during morning trading on Tuesday February 11 despite continued inflows and copper found support amid a broadly positive complex.

MORNING VIEW: LME base metals stronger as they take courage from US equities

Once again rises across a broad set of markets suggest traders were less worried about the fallout from the Wuhan coronavirus (2019-nCoV) this morning, Tuesday February 11.

LIVE FUTURES REPORT 11/02: SHFE base metals strengthen amid fresh PBOC cash injection

Base metals prices on the Shanghai Futures Exchange, with the exception of that for zinc, rose during the morning trading session on Tuesday February 11 after China’s central bank pumped in 900 billion yuan ($129 billion) into the country’s financial system a day earlier.

IN CASE YOU MISSED IT: 5 key stories from February 10

Here are five Fastmarkets MB stories you might have missed on Monday February 10 that are worth another look.

LIVE FUTURES REPORT 10/02: LME lead at 7-mth low on selling momentum; nickel fails to breach $13,000/t

The London Metal Exchange three-month lead price closed at its lowest level since May 2019 on Monday February 10, dipping below the key $1,800-per-tonne support level, while nickel futures struggled to breach resistance against thin trading volumes.