SHFE Friday’s morning trade: Copper prices

Economic Events: Canada Core Consumer Price Index (CPI) MoM at actual 0.3% Canada Core Retail Sales MoM came to actual -0.1% while forecast was -0.3%   SHFE Today Observing the copper prices this morning, they were pretty stronger on SHFE. Asia morning trading on Friday May 19 was following positive Chinese economic data and a [...]

By | 2017-05-19T06:15:33+00:00 May 19th, 2017|Financial|0 Comments

Metals trade today: LME & International Economic Events

LME Today: Metals prices on the LME slightly declined during morning trade today. Prices were down for an average of 0.6%. Recollecting the positive Monday, that had closing prices up for about 0.3%. Nickel had a fall of 1.7%, but the average gain would have been 0.6% led by a 1.2% rise in aluminium price. [...]

By | 2017-05-16T11:39:12+00:00 May 16th, 2017|Financial, Governments, International|1 Comment

LME: Friday base metal prices

Today's trade was broadly higher for all the base metal prices. The prices saw a little, but positive movement. Yesterday, prices were following a certain rally during the day, but they dipped just before the close. Copper is currently trading at $5,560 per tonne. It hit highs of over $5,600 per tonne yesterday afternoon, but fell [...]

By | 2017-05-12T13:41:58+00:00 May 12th, 2017|Financial, International|0 Comments