Sentiment in the seaborne coking coal spot market appears to be improving following a series of trades last week, which mostly involved end-users. ...Read More
Japanese trading house Mitsui & Co Ltd will participate in the feasibility study of the Hawsons Iron Project in Australia, the development of which is meant to target the high-grade market. Under the agreement, the Japanese trading house will contribute A$5.4 million ($3.99 million) toward the cost of the project's bankable feasibility study for an option over two million tonnes per annum in offta...Read More
China's ferrous futures were mixed during morning trading on Monday August 6, with steel and iron ore contracts ending the session lower while those for coke and coking coal posted some gains.Futures closing prices - morning sessionShanghai Futures Exchange October rebar: 4,142 yuan ($606) per tonne, down 30 yuan per tonneOctober hot-rolled coil: 4,185 yuan per tonne, down 27 yuan per tonne Dalian...Read More
The London Metal Exchange has fleshed out some of the key components put forward in its strategic pathway last September, notably the decision to trial nickel closing prices electronically for three months in the first quarter of 2019, the exchange said in a note to members on August 1....Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Monday August 6*Copper -$46.48 (-318.81 yuan) Aluminium -$413.86 (-2,838.91 yuan) Zinc $42.81 (293.65 yuan) Nickel -$103.79 (-711.97 yuan) *Metal Bulletin calculates the physical arbitrage for import into China...Read More
Key data from the Friday August 3 pricing session in Shanghai.Cobalt metal - China's domestic cobalt metal price dropped to 490,000-530,000 yuan ($71,718-77,572) per tonne ($28.10-30.40 per lb China VAT-free), with the seasonal lull continuing to the downside. - Spot sales and quotations for Jinchuan cobalt stood around 490,000-505,000 yuan per tonne, while those for imported cobalt were around 52...Read More
Antimony prices in Europe and China were under pressure again last week amid weak summer demand....Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Turkey's finished steel output increased 9% year on year in January-June 2018, while consumption increased 11.5%, according to the latest data published by the Turkish Steel Producers Assn (T???oeD). Finished steel output reached 20.5 million tonnes in the first six months of 2018, up from 18.8 million tonnes in the corresponding period of 2017, while consumption was 18 million tonnes up from 16.2...Read More
The Turkish steel mills have returned to the deep-sea scrap markets following a downturn in prices, sources said on Monday August 6....Read More
TODAY ZINC INTRADAYToday Zinc Intraday Calls – Zinc Sell Call cef, given at price 180.60. CMP 179.60 Achieved 1st Target 179.60. Total Profit of 1 Points per lot / Rs 5000 per lotCALL ID cef : Mcx Zinc Calls Online - SELL Zinc at CMP 180.60 for Target 179.60 - 179 with Small SL Above 181.10 Read More
Mcx Zinc Calls Online – SELL Zinc at CMP 180.60 for Target 179.60 – 179 with Small SL Above 181.10 Read More
Although gold futures finished fractionally higher on the day, it has closed lower on the week. This now marks the fourth consecutive week in which gold futures have closed lower and below the open on Monday. When we look at a weekly candlestick chart, we can see that even though gold closed, in essence, unchanged, it is a red colored candle indicating the close is below the open for the week. Ove...Read More
ZINC POSITIONAL TRADING TIPSZinc Positional Trading tips – Zinc Buy Call cd0 given at price 175.40 Achieved 2nd Target 180.50. CMP 180.90. Profit of 5.10 Points per lot / Rs 25500 per lotCALL ID cd0 : Mcx Zinc Positional Call - Buy Mcx Zinc at CMP 175.40 Add more at price 173.20 with SL 171.50 for Target 178.50 - 180.50. Hold Upto Results Read More
LEAD COMMODITY LIVELead Commodity Live – Today Lead buy Call ce6 given at price 145.35 Achieved 1st 146.50 & 2nd Target 147.20. CMP 147.40. Profit of 1.85 x 2 lot = 3.70 PointsTIPS ID ce6 : Mcx Lead - Buy Lead at CMP 145.35 for Target 146.50 - 147.20 with SL below price 144.40. RISK taker trade 2lots Read More
Tips for Copper – Copper Buy Call cda given at price 413.50 Achieved 1st Target 419 & CMP 422. Profit of 8.5 x 4 lot = 34 Points / Rs 34000CALL ID cda :Copper Calls - Buy Copper at CMP 413.50 Add more at price 410 with SL 407.80 for Target 419 - 425. Trade 3 to 4 lots Read More
TODAY ZINC INTRADAY TIPSToday Zinc Intraday Tips – Zinc Buy Call cdf given at price 177.40 CMP 178.90. Achieved 2nd Target. Profit of 1.5 Points x 2 lot = 3 Points / Rs 15000TIPS ID cdf : TODAY MCX ZINC CALL Mcx Zinc Call - Buy Zinc at CMP 177.40 for Target 178.30 - 178.90 with SL below price level 176.40. RISK taker trade 2 lots Read More
TODAY ZINC TIPS LIVEToday Zinc Tips – Zinc Commodity Buy Call cdf given at price 177.40 CMP 178.10. Near to 1st Tgt. Low risk taker book 0.7 x 2 lot = 1.4 Points / Rs 7000TIPS ID cdf : Mcx Zinc Call - Buy Zinc at CMP 177.40 for Target 178.30 - 178.90 with SL below price level 176.40. RISK taker trade 2 lots Read More
NEW YORK (Reuters) - Crude futures pulled back on Friday, giving up gains from the previous session as trade concerns weighed on the market and fueled concerns about demand.U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 61 cents at $68.35 a barrel by 1:26 p.m. EDT (1726 GMT). Brent crude futures LCOc1 were at $73.16 per barrel, down 29 cents from their last close.Both grades brief...Read More
Mcx Lead – Buy Lead at CMP 145.35 for Target 146.50 – 147.20 with SL below price 144.40. RISK taker trade 2lots Read More