Base metals prices on the London Metal Exchange are mixed this morning, Thursday April 5. The main movers are nickel, with prices up by 0.6% at $13,230 per tonne, and zinc where prices are down by 0.5% at $3,237 per tonne. Copper prices are up by 0.1% at $6,721 per tonne.Volume has been light with 2,187 lots traded as of 06.46 am London time, this because China is off for the rest of the week to m...Read More
Base metals prices on the London Metal Exchange were all higher during Asian morning trading on Thursday April 5 amid hopes that talks between the United States and China could avert a global trade war.The LME three-month copper price was at $6,747 per tonne as of 03.29am London time, up by $23 per tonne from Wednesday's closing price. A total of 226 lots of the contract have traded so far. The co...Read More
Brazilian tube, bar and stainless steel distributor Grupo A??otubo hopes to increase its revenues by 20% in 2018, benefiting from a rebound in the local industrial sector.The company's gross revenues are expected to reach 900 million Reais ($269 million) this year, compared with 760 million Reais in 2017, financial director Wilson Bassi told Metal Bulletin on Thursday April...Read More
Import prices for stainless steel in East Asia continued to soften over the past week due to thin buying interest and sellers trying to destock, even as market participants in Taiwan took a breather due to a string of public holidays on the island.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,080-2,130 per tonne cif East Asian ports for the w...Read More
(Kitco News) - With rising U.S. debt levels and tighter monetary policy, gold could quickly become the most appealing asset out there, according to one strategist.“If more borrowing is the solution, then I expect gold prices will suddenly become a most desirable asset,” said macroeconomic strategist and managing partner at Spotlight Group Stephen Pope.Gold and debt are highly correlate...Read More
MCX COPPER TARGET LEVELMcx Copper Target Level – Copper Buy Call 42f Advised at price 431 Achieved 1st Target 433.90. Made 434 (at 08:55 pm) Total Profit of 3 Point x 2 lot = 6 Points / Rs 6000TIPS ID 42f : Copper Tips - BUY Copper at CMP 431.0 Add more if price 429 with SL 427.9 for Target 433.90 - 435.50. RISK taker trade 2 lotsAFTER POST CONTENT Read More
(Kitco News) - The Australian government said it will invest $50 million to fund mining research, with a focus on tackling any potential future challenges the industry might face.The announcement was made by the Minister for Resources and Northern Australia Matt Canavan and Assistant Minister for Science, Jobs and Innovation Zed Seselja.The funding will be available through the Cooperative Researc...Read More
Today Zinc Calls – Zinc BUY Call 430 Advised at price 211.60 Advised to Set SL below price 210.70 (Made 210.60) Advised RISK taker to SET SL 210.50. Those who hold Book Profit of 1.20 Point at CMP 212.80TIPS ID 430 : Zinc Intraday Today - BUY Zinc at CMP 211.60 for Target 212.80 - 213.70 with SL below price 210.70. RISK Taker Set SL more dip around 210.50AFTER POST CONTENT Read More
Tips for Aluminium – Mcx Aluminium BUY Call 435 given at price 129.10 CMP 129.55. You may Book 0.45 x 2 lot = 0.90 Points Profit chance for Low risk takerTIPS ID 435 : Aluminium Free Call - BUY Aluminium at cmp 129.10 for Target 130 - 130.70 with SL below price 128.0. Trade with 2 lotsAFTER POST CONTENT Read More
Nickel Calls – Nickel BUY Call 42d given at price 854.50. Not Moving at all. CMP 855. Low risk taker EXIT with Cost to Cost. Only RISK taker Wait as per callTIPS ID 42d : Tips for Nickel - BUY Nickel at CMP 854.50 for Target 862 - 868 with SL below price 845.50AFTER POST CONTENT Read More
Free Zinc Call – BUY Zinc Mini at CMP 212.50 for Target 213.40 – 213.90 with SL below price 211.65. RISK taker trade MEGA LotsAFTER POST CONTENT Read More
It’s not about nuance, it’s not about the subtleties of trading, rather it’s about a 24-hour market in which traders witness polar opposites in terms of market direction and sentiment.Today, for example, is a clear illustration of how markets can turn on a dime and reverse course, all in the span of a single trading day. In overseas trading last night, the Dow Jones Industrial Av...Read More
Aluminium Free Call – BUY Aluminium at cmp 129.10 for Target 130 – 130.70 with SL below price 128.0. Trade with 2 lots (CARRY CALL)AFTER POST CONTENT Read More
Zinc Carry Tips – Zinc SELL Carry Call 402 Given yesterday at price 214.25 Achieved 2nd Target 211.50. CMP 211.35. Total profit of 2.75 Points per lot402 : ZINC HOLD Call - SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 - 211.50AFTER POST CONTENT Read More
Aluminium Free Tips – Aluminium BUY Call 42a Given at price 129.60 CMP 130.20. Total 0.6 x 2 lot = 1.20 Points Small Profit chance for low risk takerTIPS ID 42a : Aluminium Tips Online - BUY Aluminium at CMP 129.60 Add more if price 128.90 with SL 128.50 for Target 130.50 - 131.40. RISK taker trade with 2 lotsAFTER POST CONTENT Read More
Zinc Intraday Today – BUY Zinc at CMP 211.60 for Target 212.80 – 213.70 with SL below price 210.70. RISK Taker Set SL more dip around 210.50AFTER POST CONTENT Read More
Copper Tips – BUY Copper at CMP 431.0 Add more if price 429 with SL 427.9 for Target 433.90 – 435.50. RISK taker trade 2 lotsAFTER POST CONTENT Read More
Tips for Nickel – BUY Nickel at CMP 854.50 for Target 862 – 868 with SL below price 845.50AFTER POST CONTENT Read More
DAILY LME DATALME INVENTORY REPORT TODAY : 04/04/2018Aluminium -11125 MT Copper -4950 MT Nickel -1548 MT Lead -75 MTTin +40 MTZinc -2150 MTAFTER POST CONTENT Read More
MCX ALUMINIUM TIPS ONLINEMcx Aluminium Tips Online – BUY Aluminium at CMP 129.60 Add more if price 128.90 with SL 128.50 for Target 130.50 – 131.40. RISK taker trade with 2 lots and Low risk taker trade with Mini LotsAFTER POST CONTENT Read More