Arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday May 30*Copper -$95.22 (-613.86 yuan) Aluminium -$508.90 (-3,280.69 yuan) Zinc $32.20 (207.57 yuan) Nickel -$602.89 (-3,886.6 yuan) * Metal Bulletin calculates the...Read More
The following Metal Bulletin minor metals prices changed on Wednesday May 30:Minor metals Antimony MB Chinese free market MMTA standard grade II, yuan/tonne: 52,000-52,500 yuan per tonne from 51,000-51,500 yuan Cobalt MB free market high grade, $/lb:...Read More
An overview of the minor metals markets and the reasons for any price moves. The above...Read More
Three-month base metals prices on the London Metal Exchange were down across the board by an average of 0.4%, with copper prices off by 0.9% at $6,768 per tonne. Volume has been heavy with 12,850 lots traded as of 07:53 am London time. This follows a mixed performance on Tuesday when copper and lead prices were off 0.5% and 0.3% respectively, aluminium prices closed up by 0.1% and the rest were up...Read More
The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday May 30:Aluminium scrap Group 1 pure 99% & litho: ?1,425-1,470...Read More
China's ferrous futures started the day low on Wednesday May 30 but most contracts ended the morning session higher, with the exception of that for iron ore.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,644 yuan ($567.90) per tonne, up 19 yuan per tonne October hot-rolled coil: 3,868 yuan per tonne, up 23 yuan per tonne Dalian Commodity Exchange September iron...Read More
Nickel Mcx – Nickel BUY Call a4c given at price 1004.50 CMP 1009.50 Near to 1st Target 1010. Low risk taker book 5 Points x 2 lot = 10 Points at CMPTIPS ID a4c : Nickel Call - Buy Nickel at CMP 1004.50 for Target 1010 - 1014 with SL below price 999.50. RISK taker trade 2 lots Read More
NICKEL CALLNickel Call – Buy Nickel at CMP 1004.50 for Target 1010 – 1014 with SL below price 999.50. RISK Taker trade 2 lots Read More
Free Tips Zinc – Zinc BUY Call a44 given at price 209.40. CMP 209.90. Low risk taker may book 0.5 x 2 lot = 1 Points / Rs 5000TIPS ID a44 : Zinc Calls - Buy Zinc at cmp 209.40 for Target 210.40 - 211 with SL below price 208.40 Read More
Today Aluminium Call – Aluminium Sell Call a2e Given at 153.35 (SL Advised Above 154.25 Return from 154.30) Achieved 1st Target 152.60. Made 152.60. Total profit of 0.75 x 2 lot = 1.5 points profita2e : Aluminium Today - SELL Aluminium at CMP 153.35 for Target 152.60 - 152.0 with SL Above price 154.25 Read More
Zinc Calls – Buy Zinc at cmp 209.40 for Target 210.40 – 211 with SL below price 208.40 Read More
As they say in Italian, “Arrivederci Euro, Forte Dollaro US,” or “goodbye Euro the U.S. dollar is strong.” Political unrest in Italy has put tremendous pressure on the euro zone, with the euro-dollar selling off dramatically today against the U.S. dollar.As reported by CNBC, “Over the weekend, Italy's prime minister appointed former International Monetary Fund officia...Read More
Mcx Lead Commodity – Lead Sell call a36 given at price 167 Achieved 2nd Target 165.10. CMP 164.80. Total profit made 1.9 x 2 lot = 3.80 Points profitTIPS ID a36 : Today Lead Tips - SELL Lead at CMP 167.10 - 167 (CMP 167) for target 166 - 165.10 with SL Above price 168.10 Read More
NEW YORK (Reuters) - U.S. Treasury yields dropped to multi-week lows on Tuesday, pressured by declines in the European government bond market as a political crisis in Italy, the third-largest euro zone economy, fueled a flight to safe-haven assets.U.S. two-year and 10-year yields, which move inversely to prices, dropped to seven-week lows and slid for four straight sessions.U.S. 30-year bond yield...Read More
NEW YORK (Reuters) - Investors piled into safe-haven bets on Tuesday as political turmoil in Italy sparked fears of another euro crisis, driving up the Japanese yen and pushing the U.S. dollar to a 10-month high against the euro.A deepening political crisis in Italy, the euro zone’s third-biggest economy, provoked selling of Italian assets and the euro that was reminiscent of the euro zone d...Read More
LONDON (Reuters) - A deepening political crisis in Italy, the euro zone’s third biggest economy, fuelled a selloff in Italian assets and the euro on Tuesday that was reminiscent of the euro zone debt crisis of 2010-2012.Short-term Italian bond yields suffered the biggest one-day jump since 1992 IT2YT=RR, while Italian and wider euro zone banking stocks saw their worst day since August 2016 ....Read More
(Kitco News) - Global financial markets were spooked Tuesday as Italian bank yields saw the biggest single-day surge on record for its 10-year bonds Tuesday, following escalating political turmoil in the country.The gold market has benefit from renewed "risk-off" sentiment as prices hold above $1,300 an ounce.The 48 basis-point rise in Italian 10-year government bond yields create significant mark...Read More
MCX LEAD INTRADAY TARGET TIPSLead Intraday Target – Lead Mcx Sell Call a36 given at price 167.10 Achieved 1st Target 166. Made CMP 166 low. Profit of 1.10 x 2 lot = 2.20 Points in lead tipsCALL ID a36 : Today Lead Tips - SELL Lead at CMP 167.10 - 167 (CMP 167) for target 166 - 165.10 with SL Above price 168.10 Read More
Today Lead Tips – SELL Lead at CMP 167.10 – 167 (CMP 167) for target 166 – 165.10 with SL Above price 168.10 Read More
Today London Metal Exchange (LME) StockLME Inventory Report : 29/05/2018 Aluminium down by -3600MT,Copper up by 1300MT,Lead up by 100MT,Nickel down by -1512MTTin – NA &Zinc down by -175MT. Read More