China's rebar prices were largely flat on Tuesday May 28 in both the domestic and export markets amid the mild movements of the long steel product's futures contract. Domestic Eastern China (Shanghai): 4,000-4,050 yuan ($580-587) per tonne, unchangedNorthern China (Beijing): 3,920-3,970 yuan per tonne, widened downward by 10 yuan per tonneDespite the steady price increases for iron ore in the past...Read More
Base metals prices on the Shanghai Futures Exchange were split into two camps during morning trading on Tuesday May 28, with a stronger dollar and comments from US President Donald Trump suggesting the US was "not ready" to make a trade deal with China pressuring the complex."D-day is approaching for increased tariffs on trade between the US and China, with no signs of capitulation from either sid...Read More
Benchmark cobalt prices edged lower again at the end of last week after some sellers cut their offers to secure larger tonnage inquiries after an early start to the quieter summer period. Fastmarkets MB assessed the standard-grade cobalt price at $16-16.55 per lb, in-warehouse, on Friday May 24, down from $16.20-16.75 per lb on May 22. Buying from consumers has tailed off in the past few weeks, an...Read More
Cross...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.Subs...Read More
LME prices fell last week The...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...Read More
Aluminium Following from the May 23 low at...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
Surplus in January-February, according to ICSG 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 is...Read More
ILZSG surplus grows in March...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
Bullish themes Although LME nickel stock flows have...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 la...Read More
LME tin under pressure despite tight...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 s...Read More
ILZSG estimates a 15,000-tonne deficit in...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...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
Markets remain jittery while US-China trade war rhetoric escalates with the latter raising the possibility of including rare earth minerals in their trade negotiations. Equity markets have sold off and bond yields have fallen as investors move into havens.Base metalsThree-month base metals prices on the London Metal Exchange were for the most part weaker during morning trading on Wednesday May 29,...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points in pre-opening trade. The Canadian Dollar was virtually unchanged at U.S. 74.05 cents prior to release of the Bank of Canada's statement on interest rates at 10:00 AM EDT. Consensus is that the Bank of Canada will maintain its overnight lending rate to major banks at 1.75%.Bank of Montreal (BMO $103.04) is e...Read More
Cambodia's Sihanoukville Special Economic Zone is over a thousand miles from China, but you would not know it to be there.Cut into a landscape of thick jungle and paddy fields, the area - which touts itself as a landmark Belt and Road project - is a mass of freshly built white factory buildings emblazoned with names such as Fangyuan Factory, Qingdao Baoli Textile and Jinchenyuan.There runs Kinnric...Read More
Base metals prices on the Shanghai Futures Exchange were mixed during morning trading on Monday May 27, with a softer dollar and comments from US President Donald Trump suggesting a trade deal with China was still possible providing broad support to the complex."President Donald Trump on Friday said that Huawei, the Chinese telecommunications network company, was 'very dangerous' but could still b...Read More
The recent downtrend in Chinese domestic ferro-silicon prices came to a halt in the week ended Friday May 24 amid an uptick in demand, while most suppliers kept their offer prices unchanged as they awaited further direction from June tender prices from steel mills. Chinese domestic market stabilizes, abundance of supply remains a headwind Chinese export offers unchanged in inactive market European...Read More
Cambodia's Sihanoukville Special Economic Zone is over a thousand miles from China, but you would not know it to be there.Cut into a landscape of thick jungle and paddy fields, the area - which touts itself as a landmark Belt and Road project - is a mass of freshly built white factory buildings emblazoned with names such as Fangyuan Factory, Qingdao Baoli Textile and Jinchenyuan.There runs Kinnric...Read More
Key data from the pricing sessions in London and Shanghai in the week ended Friday May 24.ChinaChina's ammonium paratungstate (APT) export price declined due to a lack of demand. Buyers have reduced the amount of material they would typically keep in their inventories in recent months, which market sources say has contributed to the decline in demand. Participants noted a large number of APT cargo...Read More