The three-month nickel price on the London Metal Exchange dropped below the nearby $15,000 per tonne support level during morning trading on Friday November 15, while there was another fresh inflow for aluminium.
15 November 2019
Hassan Butt
Lead stocks at Shanghai Futures Exchange-approved warehouses recorded the largest increase in percentage terms in the week ended Friday November 15, with the heavy metal’s stocks now up by 79.3% since the beginning of the month.
15 November 2019
Violet Li
There are cross currents flowing through broader markets, risk-on is still evident in equities, base metals are generally pulling back in countertrend moves from the stronger tone seen in October and early November and there is some nervousness around judging by the pick-up in demand for havens in recent days.
15 November 2019
William Adams
Base metals prices on the Shanghai Futures Exchange were broadly down during the morning trading session on Friday November 15, with nickel giving the worst performance of the complex with a 2.7% drop.
15 November 2019
Violet Li
The three-month aluminium price on the London Metal Exchange was lower at the close of trading on Thursday November 14, closing at its lowest level since late-October, while zinc’s outright price similarly fell to its lowest level in just over a month.
14 November 2019
Hassan Butt
The three-month aluminium price on the London Metal Exchange was little moved during morning trading on Thursday November 14, ignoring a fresh inflow of more than 78,000 tonnes into LME-registered Asian warehouses.
14 November 2019
Hassan Butt
Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Thursday November 14, with zinc leading on the downside with a 1.1% drop.
14 November 2019
Karen Ng
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday November 13.
13 November 2019
Fastmarkets MB staff
The three-month zinc price on the London Metal Exchange continued its sell-off at the close of trading on Wednesday November 13, recording moderate turnover, while tin’s outright price teased a break below nearby support.
13 November 2019
Hassan Butt
Global zinc premiums were left with little room to maneuver against exchange-stock drawdowns and high import losses this week, while persistent backwardations in the metal's forward curve kept spot trading opportunities minimal.
13 November 2019
Anna Xu, Hassan Butt, Rijuta Dey Bera
