The seaborne coking coal market remained stable on Monday May 21, with market participants still monitoring the rail capacity situation on the Goonyella line in Queensland, Australia. A Panamax premium cargo with volatile matter (VM) at around 23, and with a May 20-30 laycan, changed hands at $193 per tonne cfr China. And two cargoes of second-tier hard coking coal traded at $183.50 per tonne and...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreRio Tinto, tender, 190,000 tonnes of 61% Fe Pilbara Blend fines, sold at...Read More
China's ferrous futures moved down during morning trading on Monday May 21, with steel contracts taking the lead in the decline.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,613 ($566) per tonne, down 35 per tonne October hot-rolled coil: 3,776 yuan per tonne, down 51 per tonne Dalian Commodity Exchange September iron ore:...Read More
Base metals on the London Metal Exchange were mostly lower during morning trading on Monday May 21, with the only gains made in lead and copper. Climbing 1.3% to start the week, lead's three-month price remains well supported, reaching a high of $2,369 per tonne over the morning. Lead's cash/three-month spread is currently in a contango of $15.50 per tonne. The metal's price recorded mar...Read More
Metal Bulletin journalists round up the key themes and topics discussed at the sixth annual London Metal Exchange Asia Week held in Hong Kong on May 14-18. 1. The London Metal Exchange does not have revenue projections for over-the-counter (OTC) booking fees, chief executive officer Matthew Chamberlain said. "Overall, we have said that we hope to recover [the revenue lost from discounted fees] wit...Read More
Cobalt 27 has agreed an $80 million revolving credit facility to help fund its investments in the mineral industries, including streaming and royalty agreements, the company said late last week. The credit facility, "significantly strengthens Cobalt 27's liquidity and provides the financial capacity to accelerate our plans to close streaming transactions," Anthony Milewski, chairman and chief exec...Read More
Trioxide grade antimony prices in Europe continued to move up last week amid tightening availability, while grade II remained unchanged with little spot business done; in China prices also climbed amid concerns of production disruptions with environmental inspections team set to visit Hunan province. Antimony trioxide prices, in-warehouse Rotterdam edged up to $8,100-8,400 per tonne on Friday...Read More
The latest metal market news and price moves to start the North American day on Monday May 21.Base metals on the London Metal Exchange were mostly lower during morning trading on Monday May 21, with the only gains made in lead and copper.Here...Read More
Chinese silicon export price continued to retreat in the pricing session on Friday May 18 due to bearish sentiment on price outlook, while European prices remained stable amid limited activity. Metal Bulletin's Chinese grade 553 silicon export price dipped to $1,860-1,930 per tonne on Friday, down 1.3% from $1,890-1,950 per tonne in the previous pricing session. Although the large-scale resum...Read More
South Korea has initiated anti-dumping investigations into imports of stainless steel bar from Taiwan and Italy.Taiwan's Ministry of Economic Affairs said on Saturday May 19 that the probe by the Korea Trade Commission initiated a day earlier would look into whether Taiwanese...Read More
Manganese ore prices fell heavily over week ended Friday May 18, in particular the price for 44% manganese, with sellers accepting the refusal among buyers to pay higher prices. Price of 44% manganese ore slides by 11.4%Chinese alloy prices soften and inventories tick upwardTop price for Indian silico-manganese dipsEuropean silico-manganese price dropsUS alloys spot demand quiet; lower ore prices...Read More
With uncertainty continuing to surround the US' sanctions on Russian producers, specifically Norilsk Nornickel, Lord Copper explores the unpredictability surrounding prices and the parties involved.The drumbeats around Nornickel are getting louder. There is a sense that the sanctions net might be starting to tighten. The Times correspondent in Norilsk has produced a few pieces of general backgroun...Read More
With uncertainty continuing to surround the US' sanctions on Russian producers, specifically Norilsk Nornickel, Lord Copper explores the unpredictability surrounding prices and the parties involved.The drumbeats around Nornickel are getting louder. There is a sense that the sanctions net might be starting to tighten. The Times correspondent in Norilsk has produced a few pieces of general backgroun...Read More
With uncertainty continuing to surround the US' sanctions on Russian producers, specifically Norilsk Nornickel, Lord Copper explores the unpredictability surrounding prices and the parties involved.The drumbeats around Nornickel are getting louder. There is a sense that the sanctions net might be starting to tighten. The Times correspondent in Norilsk has produced a few pieces of general backgroun...Read More
With uncertainty continuing to surround the US' sanctions on Russian producers, specifically Norilsk Nornickel, Lord Copper explores the unpredictability surrounding prices and the parties involved.The drumbeats around Nornickel are getting louder. There is a sense that the sanctions net might be starting to tighten. The Times correspondent in Norilsk has produced a few pieces of general backgroun...Read More
With uncertainty continuing to surround the US' sanctions on Russian producers, specifically Norilsk Nornickel, Lord Copper explores the unpredictability surrounding prices and the parties involved.The drumbeats around Nornickel are getting louder. There is a sense that the sanctions net might be starting to tighten. The Times correspondent in Norilsk has produced a few pieces of general backgroun...Read More
With uncertainty continuing to surround the US' sanctions on Russian producers, specifically Norilsk Nornickel, Lord Copper explores the unpredictability surrounding prices and the parties involved.The drumbeats around Nornickel are getting louder. There is a sense that the sanctions net might be starting to tighten. The Times correspondent in Norilsk has produced a few pieces of general backgroun...Read More
With uncertainty continuing to surround the US' sanctions on Russian producers, specifically Norilsk Nornickel, Lord Copper explores the unpredictability surrounding prices and the parties involved.The drumbeats around Nornickel are getting louder. There is a sense that the sanctions net might be starting to tighten. The Times correspondent in Norilsk has produced a few pieces of general backgroun...Read More
Today Copper – Copper Mcx Sell carry call 930 given at price 463.70 CMP 461.30. Low risk taker book 2.4 x 2 lot = 4.8 Points / Rs 4800. Risk Taker Hold as per callTIPS ID 930 : Copper Carry Call - SELL 2 lot Copper at CMP 463.70 for Target 460 - 458.60 with SL Above price 466.10AFTER POST CONTENT Read More
MCX LEAD COMMODITY TRADING TIPSLead Commodity Trading tips – Lead SELL Call 91b Advised at price 160.10 Achieved 2nd Target 158.70 (Made 158.50) Total profit of 1.4 x 2 lot = 2.8 Points91b : Mcx Lead Tips Today - SELL Lead at CMP 160.10 for Target 159.10 - 158.70 with SL Above price 161.05. RISK taker trade 2 lotsAFTER POST CONTENT Read More