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  • METALS-Copper prices firm on China data expectations -

    5/09/2017  Nickel also found support just shy of Monday’s 14-month peak on China’s robust industrial outlook, aided by supply-side constraints. China is the world’s top user of both copper and nickel.

  • METALS-Copper prices firm on China data expectations

    (Updates prices) By James Regan. SYDNEY, Sept 5 (Reuters) - London copper hit a three-year high on Tuesday on expectations of further signs of a healthy economic outlook for China. Nickel also found support just shy of Monday's 14-month peak on China's robust industrial outlook, aided by supply-side constraints. China is the world's top user of ...

  • Iron ore prices firm on robust China demand, supply ...

    Dalian and Singapore iron ore futures rose on Tuesday, as spot prices of the steelmaking ingredient held firm near 10-month highs on robust demand from China’s steel mills and concerns over supply. Iron ore on China’s Dalian Commodity Exchange ended the session up 1.0% at 781 yuan ($110.37) a tonne, while the Singapore Exchange’s benchmark contract gained 2.3% to $102.79 in afternoon trade.

  • SMM Morning Comments (Oct 10) - Metal News of Copper ...

    Copper: The robust greenback continued to weigh on copper prices overnight. Three-month LME copper inched up 0.08% to close at $5,688/mt on Wednesday. The most active SHFE 1912 contract fell to a new one-month low of 46,500 yuan/mt overnight, before it closed down 0.15% at 46,600 yuan/mt. Brexit and trade uncertainty continues to dampen the outlook for the world economy, and an increase

  • SMM Evening Comments (Apr 21): Shanghai base metals

    Lead inched up 0.1% from Monday’s settlement price, while nickel rose 0.3%. The SHFE will keep its night trading session suspended. On the LME, base metals were broadly lower on the day as of 18:28 Beijing time, and zinc, tin and copper were down more than 2%. West Texas Intermediate (WTI) crude futures for May delivery, which expires Tuesday, returned to negative prices in the afternoon of ...

  • Global zinc production poised for gains – report -

    3/07/2020  Elevated zinc prices relative to historical ... as the mine transitions to more copper-zinc ore and less copper-only ore between 2020-2022. Production is expected to ranged from 440-490kt per ...

  • Complex Higher 125 Base Metals Leading The Metals

    Copper Nickel Zinc Aluminium Gold Silver Iron Ore Met Coal Sources: Scotiabank Economics, Bloomberg. Base Metals Leading The Metals Complex Higher Index 100 = 2016 Chart 1 '16 '17 '18f '19f '20f '21f '22f LT Base Metals Copper USD/lb 2.21 2.80 3.10 3.25 3.40 3.50 3.50 3.00 Nickel USD/lb 4.36 4.72 6.00 6.50 7.00 7.50 8.50 7.50

  • Related news - Metal News of Copper,

    10/10/2019  Copper: The robust greenback continued to weigh on copper prices overnight. Three-month LME copper inched up 0.08% to close at $5,688/mt on Wednesday. The most active SHFE 1912 contract fell to a new one-month low of 46,500 yuan/mt overnight, before it closed down 0.15% at 46,600 yuan/mt. Brexit and trade uncertainty continues to dampen the outlook for the world economy, and an

  • METALS-London metals mixed as firm ... - Live Gold Prices

    11/12/2017  BASE METALS PRICES 0702 GMT Three month LME copper 6559.5 Most active ShFE copper 51300 Three month LME aluminium 2012.5 Most active ShFE aluminium 14235 Three month LME zinc 3090.5 Most active ShFE zinc 24640 Three month LME lead 2453 Most active ShFE lead 18490 Three month LME nickel 10895 Most active ShFE nickel 87850 Three month LME tin 19375

  • Related news - Metal News of Copper,

    Zinc slumped 2.9%, copper tumbled 2.3%, ... robust demand recovery, firm spot premiums and backwardation on the SHFE aluminium will deter the June contract from falling below the 10-day moving average in the short term. Zinc: The exodus of longs knocked the most-traded SHFE June contract to its lowest in more than a week at 15,535 yuan/mt, near the 60-day moving average, in afternoon trade ...

  • Complex Higher 125 Base Metals Leading The Metals

    Copper Nickel Zinc Aluminium Gold Silver Iron Ore Met Coal Sources: Scotiabank Economics, Bloomberg. Base Metals Leading The Metals Complex Higher Index 100 = 2016 Chart 1 '16 '17 '18f '19f '20f '21f '22f LT Base Metals Copper USD/lb 2.21 2.80 3.10 3.25 3.40 3.50 3.50 3.00 Nickel USD/lb 4.36 4.72 6.00 6.50 7.00 7.50 8.50 7.50

  • Global zinc production poised for gains – report -

    3/07/2020  Elevated zinc prices relative to historical ... as the mine transitions to more copper-zinc ore and less copper-only ore between 2020-2022. Production is expected to ranged from 440-490kt per ...

  • METALS-London metals mixed as firm ... - Live Gold Prices

    11/12/2017  BASE METALS PRICES 0702 GMT Three month LME copper 6559.5 Most active ShFE copper 51300 Three month LME aluminium 2012.5 Most active ShFE aluminium 14235 Three month LME zinc 3090.5 Most active ShFE zinc 24640 Three month LME lead 2453 Most active ShFE lead 18490 Three month LME nickel 10895 Most active ShFE nickel 87850 Three month LME tin 19375

  • Steel Prices Not Likely To Fall Much Further 2015 ...

    Global oversupply of copper, aluminum, and nickel continues to influence the market in a negative way sending prices to new lows not seen since the financial crisis of 08-09. Early indications for 2016 mirror a similar market complex as today due to uncertain scrap consumption levels, a strong US dollar alluring cheap imports and curbing US exports, and election year politics in place ...

  • Resources and Energy Quarterly - September 2017

    Copper prices are expected to decline to US$5,630 per tonne in 2018, as a result of firm growth in mine supply and increase thereafter as consumption growth outpaces supply in 2019. The value of Australia’s copper exports is forecast to increase from $7.5 billion in 2016–17 to $8.3 billion by 2018–19.

  • Related news - Metal News of Copper,

    Tin soared 4.7% on the day to be the best performer, copper surged 2.7%, lead jumped 2.3%, nickel advanced 1.6%, aluminium climbed 0.9% and zinc rose 0.5%. SHANGHAI, Apr 23 (SMM) – SHFE base metals closed higher across the board on Thursday, as oil prices extended their overnight rebound that recouped some of losses from a record plunge.

  • METALS-London zinc, nickel extend rally on steel gains ...

    21/08/2017  SHFE nickel rallied more than 4 percent while SHFE zinc was up 2 percent. * China’s steel and its raw materials have rallied amid a firm outlook for demand in the world’s top consumer.

  • Copper prices close in on two-month high - 9Finance

    Copper prices climbed overnight towards two-month highs as import data from top consumer China suggested robust demand, while markets awaited the outcome of high-level China-US

  • LIVE FUTURES REPORT 13/02: SHFE nickel prices buoyed

    Copper prices were also pushing higher this morning, with the most-traded SHFE April copper contract price up by 160 yuan or 0.3% to 51,870 yuan per tonne, mirroring a robust performance by copper on the London Metal Exchange yesterday. The LME three-month copper price was up by $76 from Friday’s closing price at $6,831 per tonne on Monday ...

  • METALS-London metals mixed as firm ... - Live Gold Prices

    11/12/2017  BASE METALS PRICES 0702 GMT Three month LME copper 6559.5 Most active ShFE copper 51300 Three month LME aluminium 2012.5 Most active ShFE aluminium 14235 Three month LME zinc 3090.5 Most active ShFE zinc 24640 Three month LME lead 2453 Most active ShFE lead 18490 Three month LME nickel 10895 Most active ShFE nickel 87850 Three month LME tin 19375

  • China Data Sees Copper Prices Firm, Gold Eases – ShareCafe

    China Data Sees Copper Prices Firm, Gold Eases By Glenn Dyer More Articles by Glenn Dyer As risk eased in financial markets, gold and silver went backwards, but copper, iron ore

  • 4 charts that say this time the copper price surge could ...

    6/12/2019  Caroline Bain, Chief Commodities Economist at the London-HQed firm, says the prospects for copper prices in 2020 are positive: For one, copper supply is probably less ample than the “apparent ...

  • METALS-LME copper prices drift on steady dollar, China ...

    MELBOURNE, Feb 20 (Reuters) - London copper drifted lower on Tuesday as a firm dollar dictated direction in a thinly traded market, with holidays in top metals user China. FUNDAMENTALS * COPPER: London Metal Exchange copper eased for a second day, dropping 0.3 percent to $7,094.50 a tonne by 0725 GMT, having touched its highest in a month on Friday at $7,253.

  • METALS-London zinc, nickel extend rally on steel gains ...

    21/08/2017  SHFE nickel rallied more than 4 percent while SHFE zinc was up 2 percent. * China’s steel and its raw materials have rallied amid a firm outlook for demand in the world’s top consumer.

  • Experts share outlook on industry metals in coming months

    Nickel: After a disappointing 2012, nickel continued to fall in the first few months of 2013. It hit a fouryear low of $13,205 in global markets in June. In India, it fell 13% to Rs 816 per kg ...

  • METALS-Shanghai zinc firms on China steel outlook

    Zinc is used to galvanise, or rust-proof steel. FUNDAMENTALS * ZINC: London Metal Exchange three-month zinc was steady at $2,800 a tonne after hitting its highest price since April 6 overnight. The price is up more than 10 percent since June 7. * ShFE Zinc was up

  • METALS-Shanghai zinc firms on China steel outlook - Reuters

    4/07/2017  * ZINC: London Metal Exchange three-month zinc was steady at $2,800 a tonne after hitting its highest price since April 6 overnight. The price is up more than 10 percent since June 7. The price

  • Investors can bank on base metals to give good returns

    Zinc: Zinc prices witnessed a fall of 9% in the first half of 2010-11, but recovered in the second half finishing at Rs 104.65 per kg on March 31, 2011, lower by just 1.74% against March 31, 2010 ...

  • Steel Prices Not Likely To Fall Much Further 2015 ...

    Global oversupply of copper, aluminum, and nickel continues to influence the market in a negative way sending prices to new lows not seen since the financial crisis of 08-09. Early indications for 2016 mirror a similar market complex as today due to uncertain scrap consumption levels, a strong US dollar alluring cheap imports and curbing US exports, and election year politics in place ...

  • METALS-Shanghai zinc firms on China steel outlook - Reuters

    4/07/2017  * ZINC: London Metal Exchange three-month zinc was steady at $2,800 a tonne after hitting its highest price since April 6 overnight. The price is up more than 10 percent since June 7. The price

  • METALS-Shanghai zinc firms on China steel outlook

    Zinc is used to galvanise, or rust-proof steel. FUNDAMENTALS * ZINC: London Metal Exchange three-month zinc was steady at $2,800 a tonne after hitting its highest price since April 6 overnight. The price is up more than 10 percent since June 7. * ShFE Zinc was up

  • METALS-LME copper prices drift on steady dollar, China ...

    MELBOURNE, Feb 20 (Reuters) - London copper drifted lower on Tuesday as a firm dollar dictated direction in a thinly traded market, with holidays in top metals user China. FUNDAMENTALS * COPPER: London Metal Exchange copper eased for a second day, dropping 0.3 percent to $7,094.50 a tonne by 0725 GMT, having touched its highest in a month on Friday at $7,253.

  • Gold prices steady as firm dollar offsets rise in virus ...

    17/06/2020  On the other, the US dollar is more robust and competing for those same safe-haven flows,” AxiCorp’s chief market strategist Stephen Innes said. Elsewhere, palladium dropped 0.5% to $ 1,921.50 per ounce, platinum lost 0.5% to $ 816.64, while silver was steady at $ 17.41.

  • Investors can bank on base metals to give good returns

    Zinc: Zinc prices witnessed a fall of 9% in the first half of 2010-11, but recovered in the second half finishing at Rs 104.65 per kg on March 31, 2011, lower by just 1.74% against March 31, 2010 ...

  • METALS-Copper firm on China data, inventory drops -

    9/06/2017  * COPPER: Three-month copper on the London Metal Exchange edged up 0.1 percent to $5,736 a tonne by 0125 GMT, extending an overnight gain that saw the metal at its highest in a week.

  • East Asian stainless steel prices edge up on robust nickel ...

    East Asia’s stainless steel market strengthened slightly over the past week, with elevated nickel prices keeping mills under pressure to raise their offers. Metal Bulletin’s assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,230-2,310 per tonne cif East Asian ports for the week ended Wednesday May 9, up $10-60 per tonne from a week earlier .

  • METALS-Base metals sour despite better-than-expected

    30/11/2017  * ZAMBIA: Following the sharp rise in copper prices this year Zambia's state-controlled firm ZCCM Investments Holdings wants to increase its

  • US payrolls light fire under copper price - MINING.COM

    6/12/2019  The highest forecast for the average price in Q4 2020 is $7,000 per tonne ($3.17/lb) from Goldman Sachs (+16.7% from current price), while five investment banks and

  • Robust iron ore price to erode as steelmakers shut furnaces

    The price of iron-ore is set to drift lower in coming months as the coronavirus pandemic eats away at demand, moderating its outperformance against other industrial commodities this year. Iron ore ...