Base metals prices on the London Metal Exchange were significantly lower at the close of trading on Monday January 27, with the majority of three-month prices across the complex down by some 2% because of continued risk-aversion in commodity markets, with zinc futures leading the retreat to close at a six-week low.
27 January 2020
Hassan Butt
Bank Muscat’s Nishant Bhavsar and Ajit Mauskar led Fastmarkets’ Apex 2019 leaderboard for base metals analysis with an accuracy rate of 97.93%.
27 January 2020
Hassan Butt
The three-month nickel price on the London Metal Exchange was lower during morning trading on Monday January 27, with macro risk-off sentiment prompting a 2.5% decline, while zinc futures followed lower.
27 January 2020
Hassan Butt
The three-month price of nickel on the London Metal Exchange was lower at the close of trading on Friday January 24, losing more than 3% and sinking below nearby support to close at its lowest level in six months, while tin futures also struggled over the afternoon.
24 January 2020
Hassan Butt
A summary of Buenaventura’s lead, zinc and copper production and sales volumes for the fourth quarter and full-year 2019, following the company's report released on Friday January 24.
24 January 2020
Renato Rostás
The three-month nickel price on the London Metal Exchange was lower during morning trading on Friday January 24, with price action continuing its descent against consistent inflows, while copper futures found support back above nearby resistance.
24 January 2020
Hassan Butt
Exports of non-ferrous scrap from the United States increased by 3.7% in the first 11 months of last year, reaching more than 2.8 million short tons, with aluminium the only metal to register an increase during the period.
23 January 2020
Jenny Stewart
LME three-month copper fell to its lowest price since December 5 on Thursday January 23, dipping below the $6,000-per-tonne support level at the close amid strong turnover, while tin led the complex in terms of losses.
23 January 2020
Hassan Butt
The three-month aluminium price on the London Metal Exchange dipped below nearby support levels during morning trading on Thursday January 23 on a rewarranting of 68,875 tonnes, while copper’s price struggles continued.
23 January 2020
Hassan Butt
Pre-Lunar New Year re-stocking abated in the week to Thursday January 23 with all Shanghai Futures Exchange base metals' deliverable stocks, bar lead, subject to increases while the growing Coronavirus outbreak pressures demand for material.
23 January 2020
Amy Hinton
