Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Aluminium On Friday January 18, the LME aluminium...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...Read More
Copper enjoys some short-covering Copper prices...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
Environmental inspections expected to continue...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
Almost back at $12,000 per tonne Nickel prices...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
Fundamentals increasingly tight LME tin has...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 iss...Read More
Room to rally in the short...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&...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
U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points in pre-opening trade.Johnson & Johnson eased $1.98 to $128.71 despite reporting higher than consensus fourth quarter sales and earnings. The company also raised guidance. Travelers eased $0.41 to $123.60 despite reporting higher than consensus fourth quarter sales and earnings.Schlumberger (SLB $44.73) i...Read More
Once again the upside initiatives in three-month base metals prices on the London Metal Exchange have run into overhead resistance, with the complex down by an average of 0.4% this morning, Tuesday January 22. Other commodity prices have also shown weakness, which we put down to the focus on slower global growth after the International Monetary Fund (IMF) lowered its global growth outlook to...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 oreGlobal Ore, 88,000 tonnes of 65% Fe Iron Ore Carajas, traded at $88.90 per tonne cfr China, bill of lading dated December 21.Vale, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62% Fe Brazilian Blend fines, traded.....Read More
Seaborne iron ore prices dipped below $75 per tonne cfr China on Tuesday January 22 after briefly standing above the mark, with plenty of offers in the market unbid for.MB 62% Fe Iron Ore Index: $74.78 per tonne cfr Qingdao, down $1.12 per tonne. MB 62% Fe Pilbara Blend Fines Index: $75.62 per tonne cfr Qingdao, down $1.12 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $75.78 per tonne cfr Qingd...Read More
A transaction in the seaborne coking coal market on Tuesday January 22 took participants by surprise, having been concluded at a higher price than expected, in contrast with prevailing sentiment.A February-laycan cargo of premium mid-vol hard coking coal was sold at around $195-196 per tonne cfr China to an end user in southern China, according to various sources. This is around $4 per tonne highe...Read More
Summary of BHP's production results for the three months ended December 31, 2018.(year-on-year change)Copper416,000 tonnes, -3%Iron ore58 million tonnes, -6%Iron ore...Read More
China's ferrous futures largely declined during morning trading on Tuesday January 22, apart from the coking coal contract, which ended slightly higher than its opening price. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,661 yuan ($539) per tonne, down 24 yuan per tonneMay hot-rolled coil: 3,573 yuan per tonne, down 13 yuan per tonneDalian Commodity Exchange May...Read More
The Fanya Exchange will auction 34.64 tonnes of indium stocks it holds in its warehouse at the end of the month, market sources told Fastmarkets on Tuesday January 22. Of the auctioned volume, 7.6 tonnes are stored in a Kunming warehouse of Changyue Feiping, a Chinese storage and logistics company, while the remaining 27.04 tonnes are in a local warehouse of Yunnan Postal Savings Bank. The stocks...Read More
Base metals prices on the London Metal Exchange were mixed during morning trading on Tuesday January 22, with aluminium futures leading gains on more than 37,000 tonnes freshly canceled while broad strength in the US dollar index fueled downward pressure. Aluminium lead the complex with the most volumes traded over the morning at 4,616 lots as of 9:50am London time, while more than 50,000 tonnes o...Read More
Chinese steelmakers raised their offers on Tuesday January 22 in the absence of any selling pressure before the upcoming Chinese New Year holiday.DomesticEastern China (Shanghai): 3,700-3,720 yuan ($544-547) per tonne, up 40 yuan per tonneNorthern China (Tianjin): 3,660-3,680 yuan per tonne, up 30 yuan per tonneMany steelmakers in China raised their offers since they have secured enough orders for...Read More
Once again the upside initiatives in three-month base metals prices on the London Metal Exchange have run into overhead resistance, with the complex down by an average of 0.4% this morning, Tuesday January 22.Other commodity prices have also shown weakness, which we put down to the focus of slower global growth after the International Monetary Fund (IMF) lowered its global growth outlook to 3.5% i...Read More
Aggressive bidding and lower offer prices weighed on manganese ore prices in China, where inventories also fell sharply in the week ended Friday January 18. Manganese ore prices in China continue to fall Manganese ore stocks in China slump Ferro-manganese prices in Europe, China drop Silico-manganese price fob India falls Alloy prices stable in United States The manganese...Read More