Aluminium The LME three-month aluminium price continues to...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus dow...Read More
We are bullish over the next...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as i...Read More
Prices find support after an...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as i...Read More
More lower highs and lows Approaching the mid-point of the fourth quarter, the LME nickel cash price is averaging $16,589 per tonne, with the average declining daily while trading remains in the down-sloping channel off September’s high. Indeed, the sequence of lower highs and lows defining that channel has been extended this week by the sell-off into the $15,000s again. While that lower low...Read More
Recovery in tin prices Tin is one of the best performers among LME base metals so far in Q4, up a little bit more than 5%. The rise in open interest in LME tin in the quarter to date suggests that the price strength has been primarily driven by fresh buying, a sign of increased optimism. We attribute the recovery in tin prices to the market’s realization that refined output trends would be mu...Read More
Guidance downgrades noted among recent producer...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
While investors and traders are still waiting for direction on China-United States trade talks, markets are reviewing their individual situations and adjusting accordingly.The two big movers have been the precious metals and nickel, both correcting lower as profit-taking and, or short-selling, set in, while the rest of the markets seem to be consolidating.With US President Donald Trump addressing...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Tyson Foods dropped $4.24 to $78.49 after reporting lower than consensus fiscal fourth quarter revenues and earnings.Rockwell Automation gained $14.80 to $194.00 after reporting higher than consensus fiscal fourth quarter revenues and earnings.DR Horton added $1.15 to $53.80 after reporti...Read More
Steel billet prices in most markets around the world continued on an upward trend in the week ended Friday November 8 amid a recovery in scrap prices in the bellwether Turkish import market.Market participants consider Turkey's scrap import prices to be a major indicator of scrap price trends because the country is the world's largest importer of the steelmaking raw material.Fastmarkets' assessmen...Read More
Steel billet prices in most markets around the world continued on an upward trend in the week ended Friday November 8 amid a recovery in scrap prices in the bellwether Turkish import market.Market participants consider Turkey's scrap import prices to be a major indicator of scrap price trends because the country is the world's largest importer of the steelmaking raw material.Fastmarkets' assessmen...Read More
Here are five Fastmarkets MB stories you might have missed on Friday November 8 that are worth another look.China's import quota system, which has restricted the inflow of scrap metal this year, will remain in place for another year, with a significant drop expected in the total quantity of quotas granted, the China Nonferrous Metals Industry Association (CMRA) said.An injunction from a Brazilian...Read More
Here are five Fastmarkets MB stories you might have missed on Friday November 8 that are worth another look.China's import quota system, which has restricted the inflow of scrap metal this year, will remain in place for another year, with a significant drop expected in the total quantity of quotas granted, the China Nonferrous Metals Industry Association (CMRA) said.An injunction from a Brazilian...Read More
Concerns that China-United States trade talks are not progressing as smoothly as hoped, with US President Donald Trump saying late last week that he had not agreed to roll back tariffs on imports from China, has dampened sentiment in the metals.That said, US equities went on to brush off the news with markets closing at record highs again on Friday November 8 and gold prices broke below suppo...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Index futures responded partially to a drop by the Shanghai Composite Index by 54.21 points to 2,909.71due to trade uncertainties.L Brands dropped $0.50 to $17.30 after Deutsche Bank downgraded the stock to Hold from Buy. Target price was dropped to $20 from $31.Nvidia slipped to $206.6...Read More
Primary aluminium foundry alloy premiums in Europe fell to all-time lows on Friday November 8, while the premium in the United States held steady under quiet spot market conditions.European foundry premiums still fallingPrimary aluminium foundry alloy premiums in Europe hit record lows, with some participants saying premiums have hit a bottom.Fastmarkets assessed the aluminium wheel alloy silicon...Read More
The three-month nickel price on the London Metal Exchange staged a modest recovery at the close of trading on Friday November 8, settling back above nearby resistance after slipping below key resistance levels, while tin futures topped the gains with a 1% climb.Nickel's outright price on the LME closed at $16.190 per tonne on Friday afternoon, climbing more than 2% from an intraday low of $15,845...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More