The following Metal Bulletin minor metals prices changed on Friday June 8:Minor metals Antimony MB free market regulus, $/tonne: $8,200-8,450 per tonne from $8,200-8,500 Antimony MMTA standard grade II, $/tonne: $8,150-8,400 per tonne from $8,150-8,450 Arsenic MB free market, $/Ib: $1.02-1.22 per Ib from $1.10-1.30 Bismuth MB China domestic, yuan/tonne: 61,000-63,000 yuan...Read More
Three-month base metals prices on the London Metal Exchange consolidated on the morning of Friday June 8 amid concerns that the latest trade figures from China could stoke further trade tensions. This as world leaders gather in Canada for the 44th G7 Summit, where likely topics for discussion include global economic issues such as trade relations and tariffs.The three-month aluminium price on the...Read More
Base prices for flat stainless steel products in Europe widened downward this week with buyers seeking to avoid bearing the full burden of June's higher alloy surcharges, Metal Bulletin has heard.Feedback on demand has been mixed in recent weeks, with some sources starting to see consumption slow down ahead of the summer holiday period, while others reported robust buying interest.Indeed, one sour...Read More
China's domestic stainless steel prices rose further over the past week to reach their highest so far this year amid strong demand.Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,800-16,100 yuan ($2,471-2,518) per tonne including VAT for the week ended Thursday June 7, up 400-600 yuan per tonne from a week earlier. Environmental...Read More
Prices for containerized shredded scrap imports into India increased while market conditions improved toward the end of the week, market sources told Metal Bulletin on Friday June 8.Metal Bulletin's weekly index for containerized imports of shredded scrap into India moved up to $379.94 per tonne cfr Nhava Sheva on June 8, from $374.03 per tonne cfr Nhava Sheva on June 1. Many market participants r...Read More
The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday June 8:Aluminium scrap Floated Frag: ?,?1,280-1,320 per tonne from ?,?1,270-1,310...Read More
Lead Mcx – Lead Sell Call b47, given at price 170.80 CMP Made 168.35. Low risk taker book 2.45 x 2 lot = 4.90 Points / Rs 24500TIPS ID b47 : Mcx Lead HNI POS Call - SELL Lead at CMP 170.80 Add more at 174.50 with SL Above price 177.90 for Target 165 - 163. RISK Taker trade 2 lots Read More
Nickel Commodity Call – Nickel SELL Call b49, given at price 1053 Achieved 1st 1042 & 2nd Target 1035. Made 1034. Total profit of 18 Points per lotCALL ID b49 : Nickel Carry - SELL Nickel at CMP 1053 with SL Above price 1063.8 for Target 1042 - 1035 Read More
Nickel Carry – SELL Nickel at CMP 1053 with SL Above price 1063.8 for Target 1042 – 1035 Read More
MCX LEAD HNI POSITIONAL CALLMcx Lead HNI POS Call – SELL Lead at CMP 170.80 Add more at 174.50 with SL Above price 177.90 for Target 165 – 163. RISK Taker trade 2 lots Read More
Gold has been holding steady and trading above $1,300 per ounce (basis the most active August 2018 Comex contract) as it awaits the outcome of three events which most certainly have the potential to shape the future direction of gold pricing, as well as the financial markets as a whole.The Group of SevenBeginning on Friday of this week and continuing over the next two weeks, three critical events...Read More
ZincMini Mcx – ZincMini BUY Call b2b, given at price 214.30 (214.60+214), Achieved 1st Target 215.70. Made 215.75. Total profit of 1.4 x 2 lot = 2.8 PointsTIPS ID b2b : Mcx ZincMini Call - BUY ZincMini at CMP 214.60 Add more at price 214 for Target 215.70 - 216.40 with Small SL below price 213.70 Read More
TODAY LEAD TRADING TIPSLead Trading – Mcx Lead Buy Carry Call b1f, given at price 169.30 Achieved 1st 170.90 & 2nd Target 171.50. CMP Made 171.60. Total profit of 2.2 Points per lotTIPS ID b1f : Mcx Lead Tomorrow call - BUY Lead today at CMP 169.30 for Tomorrow Target 170.90 - 171.50 with SL below price 168.10 Read More
MCX ZINC TRADINGMcx Zinc Trading Call – ZincMini Buy Call 2b2, given at 214.30 (214.60+214), CMP 215.25. Low risk taker book 0.95 x 2 lot = 1.90 Points at CMPb2b : Mcx ZincMini Call - BUY ZincMini at CMP 214.60 Add more at price 214 for Target 215.70 - 216.40 with Small SL below price 213.70 Read More
(Kitco News) - This past week saw a rollercoaster of activity as stocks tumbled and rallied back in response to Italy’s on-and-off again political turmoil.Meanwhile, tensions with North Korea have stalled as the world awaits the outcome of the highly anticipated June 12th summit between U.S. President Donald Trump and North Korean leader Kim Jong-un.While geopolitical fears abated, economic...Read More
Mcx Zinc Positional HNI Call – SELL 2 lot ZINC June at CMP 214.50 for Target 202 – 197.50 with SL Above price 218.90 (Hold till Contract Expiry) Read More
NEW YORK (Reuters) - Global benchmark Brent crude surged nearly $2 a barrel on Thursday, lifted by concern about a steep drop in exports from Venezuela and worries OPEC may not raise production at its meeting this month.Brent crude futures LCOc1 settled up $1.96 a barrel, or 2.6 percent at $77.32. U.S. West Texas Intermediate (WTI) crude CLc1 rose $1.22, or 1.88 percent to $65.95 a barrel.Surging...Read More
(Kitco News) - After a lackluster start to the year, silver is starting to show some relative strength against gold but this trend might not last, according to one UK-based research firm.The gold/silver ratio has dropped more than 4% since its recent highs two months ago and is currently trading at 77.72 points, as silver prices are pushing to a three-week high and are testing resistance below $17...Read More
MCX COPPER INTRADAY TIPSCopper Intraday – Copper Sell call b2c given at price 485 Achieved 1st Target 483. CMP 483. Total 2 Point x 2 lot = 4 points profitTIPS ID b2c : Today Copper Call - SELL 2 lot Copper at CMP 485 for Target Small at price 483 - 482 with SL Above price 487.10 Read More
DAILY LME STOCK REPORTLME INVENTORY TODAY DATA : 07/06/2018 Aluminium down by -6175MT,Copper up by 3450MT,Lead down by -375MT,Nickel down by -1326MTTin – NA &Zinc down by -300MT. Read More