Base metals on LME edge higher today

Main events in today's market: Oil volatile on expectations of OPEC's final decision Rate hike odds drop after Fed signals gradual tightening Global stocks move higher after Fed minutes, OPEC in focus K. economic growth revised lower in first quarter Bitcoin rally keeps going; tops $2,600 For further info on these subjects, visit: LME Morning [...]

By | 2017-05-25T10:44:07+00:00 May 25th, 2017|International|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

Base metal prices keeping a downward trend (info & data)

Important to know of Today's market: European CB President Mario Draghi Speaks Bank of Canada Governor Poloz Speaks UK Services Purchasing Managers Index rose to actual 55.0 (forecast was 53.3) For more info:   LME Today: All base metal prices on the London Metal Exchange humbled today in morning trade, May 4. After a [...]

By | 2017-05-04T11:05:42+00:00 May 4th, 2017|Financial, Governments, International|0 Comments

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

LME: copper price up; all other base metals slightly lower this morning

Friday April the 21st LME:   Copper was the only base metal which went slightly up in this mornings trade. All other base metals prices fell.   With the three-month aluminium price falling $2 per t and zinc dropping $10.50 per t. “The market is looking volatile at the moment; we have had a few [...]

By | 2017-04-21T09:56:52+00:00 April 21st, 2017|Financial, International|0 Comments

COPPER Export Volumes and Prices After Break

Brazil copper ore export volumes   Brazil’s ore export volumes fell 4.7% year-on-year in March. Exports totalled 95,829 tonnes. Down from 100,528 tonnes in March 2016. The main destination for the Brazilian copper ore was India. With an intake of 31,583 tonnes last month. About 70% of the shipments came from the northern state of [...]

By | 2017-04-18T06:31:38+00:00 April 18th, 2017|Financial, Governments, International|0 Comments