Seaborne iron ore prices fell significantly on Monday February 25 amid limited trading activity after losses in the futures and swaps markets. MB 62% Fe Iron Ore Index: $84.84 per tonne cfr Qingdao, down $1.81 per tonne. MB 62% Fe Pilbara Blend Fines Index: $84.24 per tonne cfr Qingdao, down $1.81 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $86.42 per tonne cfr Qingdao, down $2.01 per tonne....Read More
Seaborne coking coal spot prices held steady on Monday February 25 amid thin trading."The market is taking a breather for now but the short-term trend is still up due to tight seaborne supply," an Indian trading source said.While there are at least 12 cargoes of premium hard coking coal and four shipments of second-tier materials - all of which are scheduled for loading in February-April - in the...Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Monday February 25*Copper -$175.84 (-1,179.03 yuan) Aluminium -$341.13 (-2,287.27 yuan) Zinc -$119.98 (-804.44 yuan) Nickel -$278 (-1,863.97 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month...Read More
The most-traded tin contract on the Shanghai Futures Exchange surged during the Asian trading session on Monday February 25, which market participants attributed to concerns of tighter tin concentrate supply after China's Yinman Mining was suspended by the local Emergency Management Agency the previous day. The most-traded May tin contract hit a high of 153,490 yuan ($22,860.80) per tonne at 9:28...Read More
US President Donald Trump has postponed his administration's plans to increase the current import duties on $200 billion-worth of Chinese goods, de-escalating the trade tensions between the two countries."I will be delaying the US increase in tariffs scheduled for March 1," Trump announced via social media on Sunday February 24.According to Trump, there has been "substantial progress in our trade...Read More
The Chinese antimony market remained quiet amid sparse buying interest during the week ended Friday February 22.Fastmarkets assessed the price for MMTA standard-grade II antimony, delivered duty-paid in China, at 48,500-49,500 yuan ($7,231-7,380) per tonne on February 20, unchanged since January 16.The Chinese antimony market has shown limited trading activity since downstream consumers maintained...Read More
Key data from the pricing sessions in London and Shanghai on Friday February 22.ChinaKey drivers- The Chinese silicon fob export price held steady while exporters wait for Japan's quarterly tenders in the days to come.- A lot of off-grade silicon has flowed into the spot market, but considering the quick appreciation of the yuan, most traders are keeping their offers unchanged for the time being t...Read More
Fastmarkets proposes to increase the minimum tonnage of its domestic Chinese indium assessment. The goal of a minimum tonnage is to exclude any deal that, because of its small size or high price, could add bias to the Fastmarkets published price. At the same time, the minimum tonnage must be as low as possible so that the number of deals excluded is the smallest. Initial consultations with market...Read More
Last Thursday's brief correction in metals prices was just a pause in what is turning into a strong rally, with the three-month base metals prices traded on the London Metal Exchange up by an average of 0.6% on the morning of Monday February 25.Copper and tin prices are extending into fresh highs for the year, while the other base metals are rallying. Copper prices were up by 0.4% this morning at...Read More
Afarak has reported a ?,?1 million ($1.14 million) earnings deficit for the full-year 2018, partly due to lower ferro-chrome prices and a weaker spot market for chrome ore. The London and Helsinki-listed mining and metallurgical group reported negative earnings before interest, tax, depreciation and amortization (Ebitda) of ?,?1 million for the full-year 2018, compared with a record ?,?17 million...Read More
Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - China's leading stainless steel mills - have released their March tender prices for high-carbon ferro-chrome over the last two weeks, with Tisco maintaining its price while Tsingshan and Baosteel increased theirs by 100 yuan ($14.90) per tonne.Tisco announced its March tender price for high-carbon ferro-chrome at 6,650 yuan ($990) per to...Read More
Bezant buzz builds around big projectsSPONSOREDbezant resourcesWhite Gold Corp a major force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithium"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftMining is no different in this regard. And, yet, whe...Read More
STREAM of CONSCIOUSNESS #EXCLUSIVE *UPDATE*OFFICIAL TOMMY ROBINSON RELEASE #PANODRAMA The BBC Expos?(C), Here: https://youtu.be/wNd2bvLvyk4 ... Hear "Q - THE ANON CREED" by GRAND TORINO, here: https://youtu.be/8TFPGc3XxRE ... #WeThePeople www.patriotssoapbox.com/forumsRead More
Voc?? ?(C) bem mais do que imagina ser!Acompanhe Allan Massay nas redes sociais:Instagram: https://www.instagram.com/allanmassay/Twitter: https://www.twitter.com/allanmassayFacebook: https://www.facebook.com/allanmassaym...LETRA:Vou mostrar pra ela que o meu amor n??o acabouSei que foi dif?-cil mas a vida sempre me ensinouDestinos incertos s??o normais, escolhas nos fazem ser reaisSomos o todo de...Read More
Feb 26, 2019Here are today's videos and charts (double-click to enlarge):SFS Key Charts, Signals, & Video Analysis SF60 Key Charts, Signals, & Video Analysis SF Trader Key Charts, Signals, & Video Analysis SFJ Key Charts, Signals, & Video AnalysisThanks,Morris HubbarttUnique Introduction For Web Readers: Send me an email to signals@superforcesignals.com and I'll send you my "Hot...Read More
Substantial economic and political uncertainty have helped to buoy precious metal prices in recent months, causing gold to surge to over US$1,343 per ounce, leading many analysts to proclaim that the yellow metal has entered a new bull market. Even a firmer U.S. dollar and higher interest rates, which are usually viewed as being bad for gold, have failed to prevent its rally. There are signs that...Read More
After a lacklustre 2018 that saw silver plunge to under US$14 per ounce, the white metal has recovered following higher gold, recently breaking through the psychologically important US$16 an ounce mark. While silver's outlook is poor, this shouldn't deter investors from boosting their exposure to the precious metal because there are signs it is poised to move higher in coming months. An attractive...Read More
It's easy to think that metals and mining stocks are all alike at first glance. However, this is not the case, with a wide range of multiple mixes, dividend yields (or, more commonly, the lack of), and outlook making for an uneven playing field. The four TSX index stocks detailed below therefore offer four subtly different plays in the metals and mining space.Goldcorp (TSX:G)(NYSE:GG)Investors loo...Read More