Producer and Dealer Prices (October 22, 2001)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.75-9.00/lb.Copper: Comex Dec. US$0.644/lb.
Copperquest Inc
Prices struggle under consumer apathy
Uncertainty over the global economic outlook continued to dampen consumer buying interest during the report period Oct. 1-5, resulting in another dull week for base metals markets. Prices continued to…
IMF forecasts spur optimism
Metals prices turned in another poor performance during the report period Sept. 24-28 as fears over the global economic outlook intensified. Of the major London Metal Exchange metals, nickel and zinc …
Terrorist attacks upset forecasts
It now seems a long time ago that market commentators debated whether a recovery was to take place this year or next; it seems a long time ago when each piece of economic data out of the U.S. was eage…
Metals give back August gains
After another poor week, base metals markets ended back at their recent lows and have now given back almost all of the gains made in August’s second half rally.Nickel has fared worst of all, cementing…
Producer and Dealer Prices (September 17, 2001)
Antimony: Mid-mkt US$1,100/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$8.85-10.25/lb.Copper: Comex Dec. US$0.657/lb.
Weak consumer confidence blocks rally
After rallying in the first few weeks of August, the major base metals markets gave up a substantial portion of their gains in the period Aug. 27-31. Long liquidation, accompanied by some fresh commod…
Base metals stand firm
Base metals markets enjoyed a second good week during the Aug. 20-24 period, with most managing to at least hang on to the gains made late the previous week.Nickel was the strongest performer, as the …
Life signs for base metals
During the report period Aug. 13-17, the base metals complex put in its strongest performance since late May, which suggests that the long downtrend in prices may be turning at last.Because the bulk o…
Nickel’s fickle, zinc sinks
Aug. 6-10 was another poor week for base and precious metals prices, characterized by declines right across the board and week-on-week losses in all markets except gold. After tin (which registered a …
Nickel takes the blows
Another poor week for base metals saw a slight reduction in the rate of inventory build-up in London Metal Exchange (LME) warehouses but no let-up to the steady downtrend in prices across most of the …
Zinc regains strength
The downturn in base metals prices accelerated during the report period July 23-27, with average London Metal Exchange (LME) cash prices of tin, nickel and copper shedding 4.5%, 3.5% and 3.3% respecti…