All MB non-ferrous European scrap prices were unchanged on Friday May 4.All MB...Read More
Chinese aluminium alloy producers have forecast imminent price rises for their products after the government slapped a one-month ban on non-ferrous scrap imports from the United States.The Chinese Certification and Inspection Group (CCIC) North America notified US exporters on May 3 that they would be unable to bring non-ferrous scrap into China until June 4."The impact for this industry is huge,"...Read More
Import prices for containerized heavy melting scrap (HMS) in Taiwan remained stable this week due to unchanged market fundamentals.Metal Bulletin's price assessment for United States-origin HMS 1&2 (80:20) sold into Taiwan remained at $340-343 per tonne cfr on Friday May 4.US-origin scrap was on offer at $343-348 per tonne cfr Taiwan this week, up $3-5 per tonne from the preced...Read More
In 2017, trading volume on the Shanghai Futures Exchange shrank by almost one fifth to 1.36 billion lots, mainly led by a drop in rebar and bitumen trading, official data shows, yet trading turnover rose by 5.8% to 89.9 trillion yuan ($14.1 trillion). The SHFE's trading turnover accounted for a 47.9% share of China's futures markets, followed by Dalian Commodity Exchange, which accounted for...Read More
Iron ore futures on the Dalian Commodity Exchange have gained increasing influence over the physical market since listing in 2013. Their trading volume reached 657.49 million lots, or 65.749 billion tonnes in 2017, down 3.95% on the year, according to the exchange. China imported 1.075 billion tonnes of iron ore last year, a year-on-year increase of 5%, the National Bureau of Statistics reported....Read More
Singapore Exchange (SGX) achieved a record net profit in the January-March quarter of 2018, with revenue from the derivatives business rising on a year-on-year basis. The exchange posted a net profit of S$100 million ($75 million) in the March quarter, up 21% year on year. Revenue stood at S$ 222.2 million in the period, up 10% in an annual comparison. The derivatives business accounted for 41% of...Read More
The Chinese Stainless Steel Exchange (CSSE) based in Wuxi city, Jiangsu province, is growing in importance as Asia's biggest stainless steel exchange center. Its function in the spot physical market is increasingly crucial for traders, who look to it for daily spot price direction. CSSE has a variety of contracts traded on its platform, including silver, nickel, stainless steel cold-rolled coil, i...Read More
Domestic prices for steel products in Argentina are unchanged this month, but some market participants have reported fears of future changes because of the country's currency instability.Metal Bulletin's monthly assessment of Argentina's domestic price for hot-rolled coil (HRC) remained unchanged at $750-755 per tonne ex-works on Friday May 4, with the price of cold-rolled coil (CRC) stable at $86...Read More
Copper HNI Call – SELL Copper at CMP 456.50 for Target 451.50 – 449.50 with SL Above price 461.20. RISK Taker Add more at price 458.60AFTER POST CONTENT Read More
Free Nickel Tips – Nickel SELL Call 77c given at 944 Achieved 2nd Target 924. CMP 924. Total profit of 20 x 2 lot = 40 Points in Nickel tips77c : Nickel Carry Call - SELL nickel at CMP 944 Add more at price 955 with SL 962 for Target 931 - 924. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Free Nickel Metal Tips – Nickel SELL Call 77c given at price 944 Achieved 1st Target 931. CMP 931. Total profit of 13 x 2 lot = 26 Points77c : Nickel Carry Call - SELL nickel at CMP 944 Add more at price 955 with SL 962 for Target 931 - 924. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Zinc Free Call – Zinc BUY Call 78c given at 203.60 Triggered SL at price 202.80. Total 0.80 Points SL hit in Zinc tips78c : Mcx Zinc - BUY Zinc at CMP 203.60 for Target 204.60 - 205.20 with SL below price 202.80. Low risk taker its good to trade Mini LotsAFTER POST CONTENT Read More
ISM Non-Manufacturing PMI: A:56.8 ;C: 58.1; P: 58.8Slightly negative for Base metalsAFTER POST CONTENT Read More
Mcx Zinc – BUY Zinc at CMP 203.60 for Target 204.60 – 205.20 with SL below price 202.80. Low risk taker its good to trade Mini LotsAFTER POST CONTENT Read More
Zinc Positional Call – SELL Zinc at CMP 203.60 for Target 199 – 197 with SL Above price 206AFTER POST CONTENT Read More
Gold is experiencing a modest rally today, with June futures currently trading up eight dollars at $1,313.60. This follows yesterday’s exciting move in which gold prices ticked up $10 within 30 minutes of the conclusion of the FOMC statement released by the Federal Reserve. These gains could not be sustained as prices moved back to unchanged by the closing bell.As anticipated, the Federal Re...Read More
MCX LEAD TIPS TODAYMcx Lead Tips Today – Lead Commodity Sell call 776 given at price 152.45 Achieved 1st Target 151.55. CMP 151.55. Total profit of 0.9 x 2 lot = 1.8 PointsTIPS ID 776 : Lead Mcx - SELL Lead at CMP 152.45 for Target 151.55 - 151 with SL Above price 153.45. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Free Zinc Call – Zinc SELL Call 77b given at price 205.20 Achieved 1st Target 203.60. CMP 203.55 (at 04:26pm) Total profit of 1.6 x 2 lot = 3.20 Points in Zinc callTIPS ID 77b : Zinc Call - SELL Zinc at CMP 205.20 for Target 203.60 - 202.50 with SL Above price 206.40 . RISK taker trade 2 lotsAFTER POST CONTENT Read More
ALUMINIUM TRADING TIPS FREEAluminium Trading tips – Aluminium BUY Call 77e given at price 156.90 Achieved exact 1st Target 157.90. Made high 157.90 (03:16pm) Total profit of 1 Points x 2 lot = 2 points / Rs 1000077e : Aluminium Call - RISK taker BUY Aluminium at cmp 156.90 for Target 157.9 - 158.9 with SL 155.90 RISK Taker trade 2 lotsAFTER POST CONTENT Read More
NEW YORK (Reuters) - U.S. stocks were mixed on Thursday, seesawing between positive and negative territory during the session as strong economic data offset disappointing earnings reports from several companies.A sharp drop after the open had pushed the S&P 500 and the Dow Jones Industrial Average below their 200-day moving averages, a key technical indicator of longer-term momentum, but both...Read More