News

Tag Archives: LME

Newsletter Read more »

Newsletter

On the LME markets it’s been a steady week other than Copper which is down 3.5%. The AUD/USD is currently at 76.52 up from last week’s 75.28.   * * * WEEK IN REVIEW: All about the base – London, 5 August (Argus) * *…


Newsletter Read more »

Newsletter

On the markets it’s been a strong week for copper and aluminium with the USD Prices rising 4.2% and 6.1% respectively. There have been numerous explanations given, including prices been driven by speculation by the retail future traders (gamblers) and/or perceived improved world economic conditions.…


Newsletter - LME steadied for the time being Read more »

Newsletter – LME steadied for the time being

Welcome to the first day of Summer with the countdown to Christmas well upon us. On the commodity markets the LME has steadied for the time being with only small movements in prices in the last 5 days. Last Thursday in the USA was Thanksgiving…


Read more »

Newletter – Copper extends slide to lowest since 2009 amid china slowdown

Deepening Metals Rout Sends Copper Below $4,500 as Nickel Slumps •             Copper extends slide to lowest since 2009 amid China slowdown •             Mining shares extend retreat to near almost seven-year low By Agnieszka de Sousa (Bloomberg) – Copper fell below $4,500 a metric ton for…


Newsletter Read more »

Newsletter

Following a week of political instability, cabinet minister Andrew Robb has let slip a federal election may be just a few months away. The trade minister, speaking from Indonesia, missed new Prime Minister Malcolm Turnbull cabinet’s first meeting on Monday. Mr Robb, speaking to ABC…


Newsletter Read more »

Newsletter

After last week’s copper crash it is pleasing to report that the copper markets have steadied and we hope will remain steady for the foreseeable future. It remains a mystery why copper can fall 10% in 2 days and then trade flat as though nothing…


Newsletter Read more »

Newsletter

It’s been an interesting week in the metal markets with supply and demand calling the shots more so than LME prices. As we head toward the Christmas break, many traders and manufacturing plants are looking to reduce stockholdings heading into 31 December and as such…


LME - Copper Prices Retreat as Dollar Strengthens Read more »

LME – Copper Prices Retreat as Dollar Strengthens

NEW YORK–Copper futures fell Wednesday, yielding to pressure from a stronger U.S. dollar and as some investors remained reluctant to hold the industrial metal amid worries about slowing global growth. The most actively traded contract, for December delivery, was recently down 1.05 cents, or 0.4%, at…


Newsletter Read more »

Newsletter

Following a week of copper markets in turmoil, it seems LME has steadied. Whilst that is good news in itself, the Shanghai market is continuing to decline. At the beginning of February the Shanghai copper market was around USD50/t ahead of the LME, now (only…


Newsletter - Copper Read more »

Newsletter – Copper

Unfortunately since Tuesday the LME & Shanghai copper markets have continued to fall with another large fall overnight. Copper is now at its lowest level in 4 years and no one is prepared to say we have hit the bottom. News reports refer to the slowing…


Page 1 of 812345...Last »

News Categories

Recent News