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U.S. Consumers Planning to Spend $5.8 Billion on Jewelry this Valentine's Day

February 04, 2020 / www.idexonline.com

(IDEX Online) - There should be lots of happy jewelry recipients this Valentine's Day. That's because U.S. consumers say they plan to spend $5.8 billion on jewelry this year. That's according to research from the National Retail Federation and Prosper Insights & Analytics.Department stores are the most popular Valentine's Day shopping destination, visited by 36 percent. Clo...Read More

Mountain Province to Exit Nasdaq Exchange

February 02, 2020 / www.diamonds.net

RAPAPORT... Mountain Province has decided to delist itself from the Nasdaq stock exchange following six months in which its shares were below the minimum bid price.The company, which is also listed on the Toronto Stock Exchange (TSX), has been out of compliance with Nasdaq since August, when its stock dipped below $1 per share minimum for more than 30 consecutive business days. At the time, Nasdaq...Read More

DAILY SCRAP REPORT: Prices drop by more than $10 per tonne

February 05, 2020 / www.metalbulletin.com

Turkish deep-sea scrap import prices fell sharply on Tuesday February 4, on news of fresh cargoes from the Baltic Sea and the United States.A steel mill in the Iskenderun region booked a Baltic Sea cargo, sources said, comprising 25,000 tonnes of HMS 1&2 (80:20) at $251 per tonne and 5,000 tonnes of bonus at $261 per tonne cfr. The cargo is scheduled to be shipped in March.Meanwhile, another...Read More

COKING COAL DAILY: Seaborne trading activity resumes; participants flag complex impact of coronavirus on met coal market

February 05, 2020 / www.metalbulletin.com

Seaborne coking coal prices were down on Tuesday February 4, with spot trading activity resuming after over a week. Fastmarkets indices Premium hard coking coal, fob DBCT: $147.89 per tonne, down $2.90 per tonne Premium hard coking coal, cfr Jingtang: $160.13 per tonne, down $2.60 per tonne Hard coking coal, fob DBCT: $127.01 per tonne, unchanged Hard coking coal, cfr Jingtang: $140.82 p...Read More

IRON ORE DAILY: Seaborne prices up on firmer buying interest

February 05, 2020 / www.metalbulletin.com

Seaborne iron ore prices rose on Tuesday February 4 alongside an uptick in buying activity in the seaborne spot market. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $83.76 per tonne, up $3.38 per tonne. 62% Fe Pilbara Blend fines, cfr Qingdao: $82.60 per tonne, up $3.18 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $85.10 per tonne, up $3.49 per tonne. 58% Fe fines high-premium, cfr...Read More

QB2 expansion to be 50%-powered by renewable energy

February 04, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexia"Setting the objective to be carbon neutral by 2050 is an important step forward in our commitment to reducing emissions and taking action on...Read More

Bristow's copper takeover plot misfires

February 04, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaFor Barrick's shareholders, it's a hot topic, and no wonder, following Bristow's informal tilt some weeks ago at copper giant Freeport McMora...Read More

Market Summary: Q1 forecasts marked to market

February 04, 2020 / www.metalbulletinresearch.com

Q1...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.Subscri...Read More

Aluminium: Oversold, but could still go lower

February 04, 2020 / www.metalbulletinresearch.com

Markets still adjusting to coronavirus shock 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 issu...Read More

Technical analysis: Trying to base-build and even rebound

February 04, 2020 / www.metalbulletinresearch.com

Aluminium The long lower wick on the daily...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

Copper: Beware short-covering rallies

February 04, 2020 / www.metalbulletinresearch.com

Trading regime: Macro pressures overshadowing fundamentals 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 t...Read More

Lead: Likely to face increased demand volatility

February 04, 2020 / www.metalbulletinresearch.com

A staggered return to work...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

Nickel: Buying opportunity for long-term bulls

February 04, 2020 / www.metalbulletinresearch.com

Here we share some view on the stainless...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

CHINA HRC: Mills' offers considered 'too high'

February 05, 2020 / www.metalbulletin.com

China's hot-rolled coil market was largely inactive on Tuesday February 4, with what few offers from mills generating little interest because they were considered as too high.DomesticEastern China (Shanghai): 3,600 yuan ($513) per tonne, down 30-50 yuan per tonneNorthern China (Tangshan): 3,300 yuan per tonne, unchangedA Shanghai-based trader said sellers in the city lowered their offers by 30-50...Read More

Tin: Rebound likely when fears subside

February 04, 2020 / www.metalbulletinresearch.com

Sell-off continues The LME...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

Zinc: H1 2020 price forecasts lowered, H2 unchanged

February 04, 2020 / www.metalbulletinresearch.com

LME zinc price hits 3½ year...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...Read More

Base metals investment analysis: Optimism on hold

February 04, 2020 / www.metalbulletinresearch.com

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

Demand Indicators: 4 February 2020

February 04, 2020 / www.metalbulletinresearch.com

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

MORNING VIEW: LME metals prices rebound as China works to stabilize market

February 05, 2020 / www.metalbulletin.com

A rebound is underway across a broad set of markets, with China's CSI 300 index up by 2.5% this morning, after China's central bank pumped money into the financial system and appears to be working to stabilize markets and calm fears.Most Asian equity indices are rebounding.Gold prices are retreating as they pull back from Friday's highs.US 10-year government bond yields are firmer too. Base metals...Read More

LME metals rebound as China works to stabilize the market

February 04, 2020 / www.metalbulletinresearch.com

A rebound is underway across a broad set of markets, with China’s CSI 300 index up by 2.5% this morning, after China’s central bank pumped money into the financial system and appears to be working to stabilize markets and calm fears.Most Asian equity indices are rebounding. Gold prices are retreating as they pull back from Friday's highs. US 10-year government bond yields are firmer...Read More

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