Jun
17
LME 3month forwards..
June 17, 2010 | Leave a Comment
LME 3month forwards CMP : Copper 6481 (-16) Lead 1719 (+7) Zinc 1755 (+1) Nickel 19470 (+120) Aluminum 1962 (0)
Jun
10
LME 3 Month Forwards data..
June 10, 2010 | Leave a Comment
LME 3 Month Forwards CMP Copper 6900 (+75) Lead 1695 (+35) Zinc 1730 (+8) Nickel 18850 (-355) Aluminum 1959 (+39)
Jun
9
LME Current Trading Levels..
June 9, 2010 | Leave a Comment
LME Current Trading Levels 3 Month Forwards Copper 6300 (+65) Lead 1650 (+20) Zinc 1730 (+2) Nickel 19025 (+405) Aluminum 1915 (-20)
May
25
LME Update 3Month Futures
May 25, 2010 | Leave a Comment
LME Update 3Month Futures Copper 6768 +0.37% Lead 1771 +0.06% Zinc 1880 -0.27% Nickel 21375 -0.35% Aluminum 2025 Direction for the Session Mixed. Awaiting Key US Data S&P/CS Composite-20 HPI y/y & CB Consumer Confidence.
Feb
22
London Metal Exchange Expands With Molybdenum, Cobalt (Update2)..
February 22, 2010 | Leave a Comment
Feb. 22 – The London Metal Exchange, the world’s biggest metals market, began trading today in cobalt and molybdenum, commodities used in everything from jet engines to stainless steel. The 133-year-old exchange offered futures on the metals on its floor starting at 12:20 p.m. local time. Codelco, the world’s second-largest molybdenum producer, wants to support [...]
Feb
22
METALS-Shanghai copper rallies; policy, supply worries weigh..
February 22, 2010 | Leave a Comment
* Shanghai copper hit 4-week high of 60,000 yuan at opening * LME pares last week’s gains; Chinese oversupply a worry * No trade yet on LME cobalt, molybdenum contracts (Adds comment, detail; updates prices) By Rujun Shen and Jacqueline Wong SHANGHAI, Feb 22 – Shanghai copper rallied nearly 5 percent as the market reopened [...]
Feb
22
METALS-Shanghai copper rallies; policy, supply worries weigh..
February 22, 2010 | Leave a Comment
* Shanghai copper hit 4-week high of 60,000 yuan at opening * LME pares last week’s gains; Chinese oversupply a worry * No trade yet on LME cobalt, molybdenum contracts (Adds comment, detail; updates prices) By Rujun Shen and Jacqueline Wong SHANGHAI, Feb 22 (Reuters) – Shanghai copper rallied nearly 5 percent as the market [...]
Feb
19
Global aluminium market hit by structural oversupply..
February 19, 2010 | 1 Comment
Have fundamentals come home to roost? From a high of $2,390/t on 6 January, three-month aluminium fell to a low of $1,970/t on 5 February. This correction is not surprising given that the aluminium market remains in structural oversupply and prices above $2,000/t are unjustifiable in supply-demand terms. Falling LME warehouse stocks might indicate that [...]
Feb
12
METALS-Shanghai copper up 1.8 pct, LME pares gains.
February 12, 2010 | Leave a Comment
* London copper pares previous gains; holds around $6,900 * ShFE lags, arbitrage narrows before holidays * Aluminium ticks up, but China over capacity worries * Shanghai metals stocks tick up before holidays (Adds stocks data, graphics) By Nick Trevethan SINGAPORE, Feb 12 (Reuters) – Shanghai copper rose 1.8 percent on Friday, chasing London’s biggest [...]
Feb
9
Gold turns higher, copper rallies…
February 9, 2010 | Leave a Comment
LONDON: Gold prices turned higher in Europe on Monday, rising back above $1,070 an ounce, as the dollar’s retreat versus the euro boosted the metal’s appeal as an alternative asset. Spot gold was at $1,072.40 an ounce at 1608 GMT versus $1,065.55 late in New York on Friday, having earlier touched a high of $1,073.50. [...]