October 2019

BASE METALS WARRANT REPORT 09/10

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 9.

Blockade ends at Newmont Goldcorp’s Peñasquito lead-zinc mine

A blockade that had restricted production and exports of lead and zinc concentrates from Newmont Goldcorp's Peñasquito mine in Mexico has been removed, the company said on Wednesday October 9.

LIVE FUTURES REPORT 09/10: LME base metals price action capped by low volumes; Ni drawdowns continue

London Metal Exchange three-month base metals prices were little changed - with the exception of nickel - during morning trading on Wednesday September 9 amid lackluster turnover despite the dollar index trading down 0.11% at 98.98 at the same time.

MORNING VIEW: Base metals prices tread water ahead of US-China trade talks

Markets are treading water this morning, Wednesday October 9, ahead of the United States-China trade talks that are being held on Thursday and Friday.

LIVE FUTURES REPORT 09/10: SHFE tin price outperforms with 1.4% gain, others little changed to down

Base metals prices on the Shanghai Futures Exchange were mostly down during the morning trading session on Wednesday October 9, with only tin showing a significant gain so far.

WEEKLY BASE METAL PREMIUMS REPORT: 08/10

A summary of base metals premiums from across the globe for the week to Tuesday October 8.

LIVE FUTURES REPORT 08/10: LME copper price capped despite high trading volumes; Ni down 0.8%

The London Metal Exchange three-month copper price fell by 0.6% at the close of trading on Tuesday October 8 to $5,682 per tonne compared with $5,722 per tonne the previous day despite a doubling of lots traded from this morning, with just shy of 16,500 lots having changed hands by the afternoon kerb.

Shanghai-bonded copper stocks at four-year low; zinc stocks decline in busy season; nickel stocks rise amid unfavorable arb conditions

Shanghai-bonded copper stocks fell to a four-year low at the start of October as higher in-warehouse premiums in Shanghai and a profitable import arbitrage between London and Shanghai boosted buying interest for bonded warrants.

LIVE FUTURES REPORT 08/10: LME copper price holds above $5,700/t amid high turnover; nickel edges lower

The three-month copper price on the London Metal Exchange was higher during morning trading on Tuesday October 8, holding above nearby support levels amid high turnover, while nickel futures shed 1.1% despite continued stock outflows.

LME owner HKEX will not proceed with bid to buy to LSE

Hong Kong Exchanges & Clearing Ltd (HKEX) has announced that it does not intend to proceed or make another offer to the board of London Stock Exchange Group (LSEG) to buy the stock exchange.