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With the middle of the year now behind us, and the new financial year now in gear, metal prices remain in positive territory on the back of activity in the manufacturing sector in China, however some analysts remain sceptical about any further upside in the…


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The end of another month and we note that the past week has seen positive gains with most base metals opening the June account higher than the May average. Perhaps off the back of positive manufacturing data in China (it’s certainly not going to hurt!),…


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Metal markets continue to trade in firm and slightly positive territory amid a continuing stable Australian dollar. The stability of the market is giving traders and manufacturers confidence to price material when it’s available. With the London Metal Exchange taking a holiday today and no…


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As we head towards Easter Holidays and we suspect a few quiet days as people take advantage of Easter and Anzac Day to take a 10 day break, we can report the only news on the metal markets is in the AUD/USD Exchange rate. This…


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With the exchange market remaining very steady and LME markets on a bit of a downturn, it seems there is more downside pressure than upside in today’s market. The hope of a strong Asian return to the markets seems to have faded away on the…


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With less than a week now until the Australian Federal Election, the country sits in anticipation of what the week may bring. Metal prices remain reasonably steady with no major fluctuations seen. The Australian dollar seems comfortable, continuing to trade just below USD 0.90. ****…


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Base metals lost ground late last week, following Friday’s US job report, where  non-farm payroll numbers came in at a much higher than expected 195,000, exceeding expectations of 165,000. Recent LME Copper lows are expected to hold for the time being, as a period of…


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Can you believe we have just passed through the middle of the year already! With the Financial year now over, it’s all downhill towards Christmas which will no doubt be upon us in no time. Up until yesterday I was of the opinion that prices…


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It been a rough start to the week as concerns grow about the China economy. Yesterday the Chinese stock market fell 5.3% and copper traded down to USD6,613 a reported 3- year low. LME copper stocks in warehouse rose to a 10 year high of…


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It’s interesting to note that only a month ago, the Australian Dollar was trading around 1.037, however here we are, now sitting around 0.96 and settling in quite nicely. We can only hope that these new levels quickly become a benefit to our manufacturing sector…


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