Chinese ferrous futures were mostly softer again during morning trading on Monday May 28, with the exception of the coking coal contracts which moved up. Physical prices had softened on Friday amid declining futures despite gains in the steel market.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,590 yuan ($562) per tonne, down 8 yuan per tonneOctober hot-rolled...Read More
Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Monday May 28, with zinc, nickel and tin registering gains, while aluminium prices were flat and those of copper and lead fell.In zinc this morning, the most-traded July zinc contract on the SHFE was at 23,885 ($3,736.79) yuan per tonne at 11:15 am Shanghai time, rising 195 yuan per tonne from Friday's c...Read More
The Chinese antimony market moved up amid tightness in antimony concentrates, an uptrend in European markets and potential production cuts in Lengshuijiang following the arrival of environmental inspection teams last week. Metal Bulletin assessed Chinese MMTA standard grade II, delivered duty paid, antimony prices at 51,000-51,500 yuan ($7,979- 8,057) per tonne on Wednesday May 23, up from 50,000-...Read More
Chinese silicon export prices continued to trend lower on bearish sentiment resulting from weak domestic consumption, while in Europe prices remained steady in thin trading. The Chinese grade 553 silicon metal export price dropped to $1,840-1,900 per tonne on Friday May 25, down 1.3% from $1,860-1,930 per tonne one week ago. Japanese traders have started extensive procurement since the s...Read More
Some small traders of thinly-traded metals are at risk of being priced out of the market, with less than a week to go for the May 31 deadline for the Registration, Evaluation, Authorisation and Restriction of Chemicals (Reach) program, market participants told Metal Bulletin.A search on the European Chemicals Agency (ECHA)'s database by Metal Bulletin revealed as of 15 May, 2018, only three compan...Read More
FREE LEAD TARGET TIPSFree Lead Target Tips – Mcx Lead JUN Sell Carry Call 9f5 Advised at price 169.40 Achieved 2nd Target 166.80 & 3rd Target 166. CMP 164.80. Total profit of 4.6 x 2 lot = 9.2 Points / Rs 46000TIPS ID 9f5 : Lead Hold call - SELL Lead JUN at 169.40 Add more at price 170.40 for Target 167.80 - 166.80 - 166 with SL Above price 171.10. RISK taker trade 2 lots Read More
Copper Carry Call – BUY Copper at CMP 462.70 for Target 465 – 466.50 with Small SL below price 460 && BUY COPPER 465 PE IN THE RANGE OF 9.40-9.70 SL BELOW 7 TGT 12/14 Read More
Today Nickel Tips – Nickel SELL Call 9eb given at price 1009.75 (1006.50+1013 (Made 1014)) Achieved 1st Target 997. CMP 997. Total profit made 12 x 2 lot = 24 PointsTIPS ID 9eb : Mcx Nickel Call - SELL Nickel at CMP 1006.5, Add more at price 1013 with SL Above price 1017 for Target 997 - 990 Read More
As far as gold pricing is concerned, it would be fair to say that during the last eight trading days price movement in gold indicated a week of price consolidation, followed by a reversal. The recovery immediately followed the dramatic selloff that occurred a week ago Tuesday when gold prices plunged over $28 in a single trading day, resulting in significant technical chart damage, as pricing drop...Read More
Copper Option Tips – BUY Copper 465 PE in the Range of 9.4 – 9.7 (CMP 9.4) with S L below price 7 for Target 12 – 14 AFTER POST CONTENTRead More
Copper Positional Carry – SELL Copper JUN at CMP 463.20 for Target on Monday 457 – 455.50 with SL Above price 465.80 Read More
Lead Profit Call – Lead Jun Sell Hold call 9f5 Given at price 169.40 Achieved 1st Target 167.80. CMP 167.50. Total 1.9 x 2 lot = 3.8 Points / Rs 19000 ProfitTIPS ID 9f5 : Lead Hold call - SELL Lead JUN at 169.40 Add more at price 170.40 for Target 167.80 - 166.80 - 166 with SL Above price 171.10. RISK taker trade 2 lots Read More
NEW YORK (Reuters) - The dollar rose against a basket of peers on Friday and was on pace to finish the week at its strongest since mid-November, as commodity-linked currencies fell following a slump in oil prices and as political concerns in Italy and Spain hurt the euro.The dollar index .DXY, which measures the greenback against a basket of six currencies, was up 0.44 percent at 94.166, after hit...Read More
Today Nickel – Nickel Sell call 9eb Advised at price 1009.75 (1006.50+1013 (Made 1014)) CMP 1005. Low risk taker book 4.75 x 2 lot = 9.5 Points. RISK Taker Set SL to Cost9eb : Mcx Nickel Call - SELL Nickel at CMP 1006.5, Add more at price 1013 with SL Above price 1017 for Target 997 - 990 AFTER POST CONTENTRead More
MCX LEADLead Hold call – SELL Lead JUN at 169.40 Add more at price 170.40 for Target 167.80 – 166.80 – 166 with SL Above price 171.10. RISK taker trade 2 lots AFTER POST CONTENTRead More
(Kitco News) - Sentiment in the gold market appears to be shifting as prices hold on to critical support at $1,300 an ounce, bouncing off fresh five-month lows at the start of the week.However, some analysts are not convinced that the yellow metal has found its bottom just yet as the market remains in a downtrend. Despite the push higher, prices have been unable to break above essential resistance...Read More
TODAY ZINC FREE TIPSToday Zinc Free Tips – Zinc BUY Call 9ee, given at price 208.20 Achieved 1st Target 209.10. CMP 209.15. Total profit of 0.9 Points per lotTIPS ID 9ee : Zinc Call - BUY Zinc at CMP 208.20 for Target 209.10 - 209.90 with SL below price 207.30 Read More
Free Zinc Call – Zinc BUY Call 9ee given at price 208.20 CMP 208.95. Low risk taker book 0.75 Points per lot9ee : Zinc Call - BUY Zinc at CMP 208.20 for Target 209.10 - 209.90 with SL below price 207.30 Read More
Zinc Call – BUY Zinc at CMP 208.20 for Target 209.10 – 209.90 with SL below price 207.30 Read More
Today Lead Tips – Lead Sell call 9ea given at price 169.80 CMP 169.25. Low risk taker book 0.55 x 2 lot = 1.10 Points. RISK taker Hold with SL to CostTIPS ID 9ea : Free Lead Calls Online - SELL Lead at CMP 169.80 for Target 169 - 168.50 with SL Above price 170.55. RISK Taker trade 2lots Read More