The London Metal Exchange three-month lead price was higher by close of trading on Friday January 31, regaining the bulk of losses made earlier in the week against moderately low turnover, while tin futures similarly made gains over the afternoon.
31 January 2020
Hassan Butt
The three-month lead price on the London Metal Exchange was higher during morning trading on Friday January 31, climbing by more than 1% to show signs of improvement after slipping through key support levels over January, while zinc futures failed to push above nearby resistance.
31 January 2020
Hassan Butt
The three-month zinc price on the London Metal Exchange closed at its lowest level in more than three years at the close of trading on Thursday January 30, settling below the nearby $2,200 per tonne support level, while the price of copper futures continued to decline over the afternoon.
30 January 2020
Hassan Butt
The three-month nickel price on the London Metal Exchange was marginally higher during morning trading on Thursday January 30, supported by a fresh cancelation of 11,874 tonnes, while copper’s downturn continued.
30 January 2020
Hassan Butt
John Meyer, Sergey Raevskiy and Simon Beardsmore of SP Angel clinched the top spot on the base metals leaderboard for the Apex fourth-quarter 2019 predictions, with an accuracy rating of 99.29%, while Rhona O’Connell of INTL FC Stone came top for precious metals with a rating of 99.26%.
30 January 2020
Amy Hinton
The spot markets for tin were quiet in the United States and Europe in the week ended Tuesday January 28, and especially in Asia, because of the holiday for the lunar new year which began on January 25 and has been extended into February because of the outbreak of a coronavirus infection in China.
29 January 2020
Hassan Butt, Orla O'Sullivan
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday January 29.
29 January 2020
Fastmarkets MB staff
The three-month price of lead on the London Metal Exchange stood out as the most notable underperformer at the close of trading on Wednesday January 29, selling off more than 3% of its outright price to close at its lowest level since June 2019, while copper continued to struggle over the afternoon.
29 January 2020
Hassan Butt
Upside potential in the London Metal Exchange three-month aluminium price was capped during morning trading on Wednesday January 29, dampened by a significant 26,525-tonne fresh inflow of material into LME-approved sheds in Port Klang, Malaysia.
29 January 2020
Amy Hinton
The London Metal Exchange three-month nickel price hit a seven-month low at $12,550 per tonne on Tuesday January 28, precipitated by risk-off selling while the uncertainty in Asian markets mounts due to China’s growing coronavirus epidemic.
28 January 2020
Amy Hinton
