BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update SHFE nickel prices shrug off firm dollar; rest mixed Only nickel prices on the Shanghai Futures Exchange managed to make significant headway during morning trading on Friday April 26, with the rest of the complex struggling against a firm US dollar. The most-traded June nickel contract on the SHFE stood at 98,350 Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update SHFE lead gains 1.2% on strong fundamentals, US-China trade optimism Lead prices on the Shanghai Futures Exchange outperformed with an increase of 1.2% during morning trading on Thursday April 25 amid optimism over US-China trade talks next week and the metal’s solid fundamentals. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update SHFE zinc tumbles 1% on rising availability, firm dollar; rest fall Zinc led the rest of the base metals traded on the Shanghai Futures Exchange downward during morning trading on Wednesday April 24, with stock inflows and a firm dollar weighing on the galvanizing metal’s prices. A strong performance by the US Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update SHFE base metals prices broadly weak on concerns over China stimulus; Al bucks trend Base metals prices on the Shanghai Futures Exchange were mostly down during morning trading on Tuesday April 23, with participants’ appetite for commodity investment dented by concerns that future stimulus measures in China may be limited for the Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update  SHFE base metals stocks all decline; lead bucks trend with slight increase Base metals stocks, barring those for lead, held in Shanghai Futures Exchange warehouses declined in the week ended Friday April 19. Copper stocks at SHFE-approved sheds fell by 3.4% or 8,444 tonnes last week to total 236,734 tonnes on April Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update SHFE zinc price drops 1.3%, healthy China data fails to provide support Zinc prices on the Shanghai Futures Exchange were down again during morning trading on Wednesday April 17, following further inflows of the metal into London Metal Exchange sheds on Tuesday. This morning’s weakness on the SHFE mirrors that seen on Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update LME zinc falls 2% amid 10kt inflow; Nickel above $13k/t Zinc’s three-month price on the London Metal Exchange was down by more than 2% during morning trading on Tuesday April 16, with its price action under pressure after more than 14,000 tonnes of zinc was delivered into LME-registered European warehouses this week, Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update Base metals prices consolidate in low-volume LME trading; Zinc-lead switch nears $1,000/t Base metals prices on the London Metal Exchange consolidated during morning trading on Monday April 15, with prices broadly rangebound amid low volumes while a price difference of nearly $1,000 per tonne continues to separate zinc and lead futures. Three-month Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update Improvement in risk appetite supports SHFE base metals prices; Cu up 0.7% Base metals traded on the Shanghai Futures Exchange were all up during morning trading on Monday April 15, supported by an improvement in risk appetite following better-than-expected monetary data from China. The most-traded June copper contract on the SHFE stood Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update Mixed economic outlook, firm dollar cap SHFE base metals prices; Pb slides 1.2% Lead prices on the Shanghai Futures Exchange retreated during morning trading on Thursday April 11, tracking the weakness seen on the London Metal Exchange at the close of trade on Wednesday. The most-traded May lead contract on the SHFE Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update Chile’s Enami to increase copper production by 7.7% in 2019 Chilean copper producer Empresa Nacional de Minería (Enami) expects to produce 140,000 tonnes of copper in 2019, an increase of 7.7% over 2018, sales manager Pedro Pablo Lavin told Fastmarkets on Tuesday April 9. Enami produced 130,000 tonnes last year. The volumes Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update SHFE base metals broadly lower on trade uncertainties; Cu bucks the trend Base metals prices on the Shanghai Futures Exchange were broadly lower during morning trading on Tuesday April 9, with investors taking a risk-averse stance amid the uncertainties over trade negotiations between the United States and China. “Uncertainty remains over Brexit Read more about BASE METAL NEWS UPDATED BY ROYAL TRADERS[…]

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