Copper price falls below $5,700/t; all base metals down

Financial Markets on Wednesday:   Fed expected to stand pat on rates Jobs data and service sector activity to serve as prelude to Fed Apple sales disappoint, shares off 1.5% Oil bounces back from 1-month low Global stocks show caution ahead of Fed decision     LME on Wednesday: “Prices have dropped this morning but [...]

By | 2017-05-03T11:32:50+00:00 May 3rd, 2017|Financial, Governments, International, Oil Market|0 Comments

Small price increases for LME base metals; only zinc declines (27.04.)

Another morning of wispy price increases today, on the London Metal Exchange. Following average gains of 0.8% on Wednesday. Zinc was the only base metal to see a decline this morning, falling just $2 per ton. All other metals recorded small increases. Copper prices were followed by the news that major copper producers BHP Billiton, [...]

By | 2017-04-27T17:20:22+00:00 April 27th, 2017|Financial, International|0 Comments

Metal Price Trends on Wednesday, the 12th of April

  SHFE nickel prices FALL as fear over laterite ore tightness ease:     Nickel prices on the Shanghai Futures Exchange plummeted during Asian morning trading on Wednesday April 12. As fears over the tightness of laterite ore eased due to expectations of increased supply ahead of the resumption of shipments from Indonesia. As well [...]

By | 2017-04-12T22:41:20+00:00 April 12th, 2017|Financial, Governments, International|0 Comments