The latest news and price moves to start the Asian day on Tuesday December 4.Base metal prices on the London Metal Exchange were higher at the close of trading on Monday December 3, with broadly positive market sentiment emerging from the weekend's G20 Summit in Argentina, while the United States and China agreed to limit further use of trade tariffs. Read more in our live futures report.Here are...Read More
The latest metal markets news and price moves to start the North American day on Monday December 3.Base metals prices on the London Metal Exchange were all higher across the board in morning trading, boosted by positive sentiment surrounding the cooling US-China trade dispute while high volumes indicate strengthening buying appetite.Here's how base metals prices looked at 11:48am London time:Read...Read More
Good morning from FastMarkets MB's offices in Asia as we bring you the latest news and pricing stories on Monday December 4. All base metals prices on the Shanghai Futures Exchange moved higher during Asian morning trading on Monday December 3, benefiting from the positive sentiment after the agreement by Chinese President Xi Jinping and US President Donald Trump to find a solution to the trade wa...Read More
If Brexit - the departure of the United Kingdom from the European Union on March 29, 2019 - isn't on your radar, it should be. With the annual London Metal Exchange Week now in full swing, the exchange, its members and their customers need to have contingency plans in place if they are expecting to be affected in any way by Brexit. And as with anything political, an element of brinkmanship will na...Read More
What...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subsc...Read More
Across-the-board rally on the US-China trade...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest is...Read More
Aluminium The LME three-month aluminium price surged as...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downlo...Read More
With the US-China trade truce emerging...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
Relief rally, but price still...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
Stainless perspective: 2018 a tale of two halves...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lates...Read More
In this week’s analysis, we review...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue a...Read More
Price rebound underway... Risk sentiment has...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest is...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Price gains inspired by the trade developments at the Group of Twenty (G20) summit over the weekend were sold into during afternoon trading on Monday December 3. But likewise the dips have been bought into again this morning. Three-month base metals prices on the London Metal Exchange were up by an average of 0.5% on Tuesday morning, with all of the metals – bar nickel which was unchanged ...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade. Bank of Montreal (BMO $99.00) is expected to open higher after reporting higher than consensus fiscal fourth quarter earnings. The Bank also raised its quarterly dividend.Autozone gained $15.54 to $840.00 after reporting higher than consensus fiscal first quarter earnings.Dollar General...Read More
Steel billet prices continued to fall in most global regions during the working week from Monday November 26 to Friday November 30, due to a return of Chinese producers to the export market and a downturn in the Asian markets.Sentiment in the export billet market in the Commonwealth of Independent States (CIS) became more depressed, while import prices in the Middle East and Turkey weakened in lin...Read More
Steel billet prices continued to fall in most global regions during the working week from Monday November 26 to Friday November 30, due to a return of Chinese producers to the export market and a downturn in the Asian markets.Sentiment in the export billet market in the Commonwealth of Independent States (CIS) became more depressed, while import prices in the Middle East and Turkey weakened in lin...Read More
Some progress at the Group of Twenty (G20) summit on US-China trade has given the three-month base metals prices on the London Metal Exchange a boost, up by an average of 1.4%. The LME zinc price gained 1%, while copper was up 1.9% and recently quoted at $6,314 per tonne. Volume across the complex has, not surprisingly, been strong with 14,686 lots traded as at 6:53am London time. The precious met...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 39 points in pre-opening trade. Strength is related to an agreement between China and the U.S. to postpone trade tariff escalation for the next 90 day. The Shanghai Composite Index jumped 67 points to 2,655.Caterpillar gained $5.93 to $141.60 after Bank of America/Merrill upgraded the stock to Buy from Neutral.Costco s...Read More