Mounting metals stocks cast pall over new year
Base metals continued to shed value during the report period Dec. 10-14 as the markets eased back following the technical rally of late November.Nickel was the big loser, shedding 8.1% of its average …
Base metals continued to shed value during the report period Dec. 10-14 as the markets eased back following the technical rally of late November.Nickel was the big loser, shedding 8.1% of its average …
As expected, base metals fell sharply during the period Dec. 3-7. Moreover, after breaking through key technical levels and closing poorly at the end of the week, further declines look probable in the…
Base metals prices put in a mixed performance during the report period Nov. 26-30, driven by further production cuts and by differing responses to Enron’s troubles (see editorial, page 4). Copper, whi…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 4Dec. 3Nov. 30Nov. 29Nov. 28Aluminium…
Antimony: Mid-mkt US$1,225/t.Bismuth: Mid-mkt US$3.40/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.50/lb.Copper: Comex Dec. US$0.7035/lb.
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 27Nov. 26Nov. 23Nov. 22Nov. 21Aluminium…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 20Nov. 19Nov. 16Nov. 15Nov. 14Aluminium1352/1367.501375/1389.501370/1388…
In the immediate term, base metals prices are in a more robust state than they have been for some time. Copper prices ended the report period Nov. 12-16 up 7.1%, aluminum was 6.7% stronger, and zinc g…
Base metals were in a strong position at the end of the report period Nov. 5-9. In a delayed reaction to cuts to copper production, prices across the whole base metals complex broke through stops in t…
Antimony: Mid-mkt US$1,260/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-7.80/lb.Copper: Comex Dec. US$0.616/lb.
Despite fresh production cuts in zinc and copper (in byproduct form), base metals prices continued to trend lower during the report period Oct. 29-Nov. 2, dominated by poor economic data out of the U….
The metals market got what it wanted during London Metals Exchange Week (Oct. 22-26), with Phelps Dodge announcing substantial cuts to its high-cost copper operations in the southwestern U.S. In spite…
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