Base Metal Stocks Articles

Seaborne iron ore concentrate market dips on thin trading

April 23, 2018 / Metal Bulletin Editorial

The seaborne iron ore concentrate market slowed down last week amid reduced trading activity and a slight drop in premiums. The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was at $87.88 per tonne cfr China last Friday April 21, down $1.39 per tonne - or 1.5% - from a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $83.66 per tonne cfr China over the week, up $1.66...Read More

China AM: Futures jump following Shagang price hike

April 23, 2018 / July Zhang

China's ferrous futures soared across the board on Monday April 23, after major mill Shagang increased its steel prices over the weekend.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,550 yuan ($55) per tonne, up 70 yuan per tonne October hot-rolled coil: 3,684 yuan per tonne, up 62 yuan per tonne Dalian Commodity Exchange September iron ore: 480.50 yuan per to...Read More

US not imposing secondary sanction against Rusal, subsidiaries

April 23, 2018 / Alice Mason

The US Department of the Treasury's Office of Foreign Assets Control (OFAC) will not impose secondary sanctions on non-US persons for engaging in the same activity involving Rusal or its subsidiaries that the General License 14 authorizes, according to a statement on Monday April 23."Rusal has felt the impact of US sanctions because of its entanglement with Oleg Deripaska, but the US government is...Read More

GLOBAL ANTIMONY WRAP: Weak demand, good availability weigh on antimony prices

April 23, 2018 / Anna Xu

Antimony prices continued to experience downward pressure last week amid weakening demand and increasing availability in the spot market.Metal Bulletin assessed the MMTA standard grade II antimony, in-warehouse Rotterdam price at $8,200-8,350 per tonne on Friday April 20, down from the mid-week assessment of $8,300-8,450 per tonne when prices had fallen from $8,400-8,550 per tonne.The trioxide gra...Read More

NORTH AMERICAN MORNING BRIEF 23/04: European molybdenum markets climb; manganese flake prices hit highest level since Dec 2016

April 23, 2018 / Ewa Manthey

The latest metal markets news and price moves to start the North American day on Monday April 23.Base metals on the London Metal Exchange are largely mixed during morning trading on Monday April 23, with nickel's price falling 1.7% alongside continued strength from aluminium.Here's how LME base metals...Read More

GLOBAL SILICON WRAP: Chinese silicon price decline slows on producer resistance to dips; European prices stable

April 23, 2018 / Susan Zou

Chinese silicon metal prices continued to dip in the latest pricing session but the drops were capped by local refineries who increased up their offer prices to support the market, Metal Bulletin learned. Metal Bulletin's Chinese grade 553 silicon price dropped by 0.8% to $1,880-1,950 per tonne on Friday April 20, from $1,900-1,960 one week ago. The Chinese grade 553 silicon export price hit...Read More

Manganese flake prices hit highest level since December 2016 on supply squeeze

April 23, 2018 / Ewa Manthey

Manganese flake prices jumped more than 14% on Friday April 20 to its highest level since December 2016 on a continued supply squeeze in Europe. Metal Bulletin assessed the manganese flake in-warehouse Rotterdam price at $2,275-2,450 per tonne on Friday, up 14.1% on the previous assessment and the highest it has been since December 2016. "All the material has been purchased. There is absolute...Read More

METALS MORNING VIEW 23/04: Bullishness over US sanctions eases; metals prices consolidate

April 23, 2018 / Andy Farida

The base metals traded on the London Metal Exchange have kicked off the new trading week with a broadly positive performance this morning, Monday April 23.Sanction-hit aluminium leads on the upside with a gain of 0.8%, followed by lead, copper and zinc, which are up by 0.7%, 0.6% and 0.4% respectively. Nickel and tin are bucking the uptrend, however, with losses of 0.8% and 0.1% respectively. With...Read More

FOCUS: China's copper scrap import quotas down 84% so far this year

April 23, 2018 / Julian Luk

China has granted import quotas for copper scrap this year that are reduced by 83.7% from a year ago, in its first 10 rounds of approvals for solid waste import licenses, according to calculations made by Metal Bulletin.Licenses for total imports of 463,916 tonnes of copper scrap (HS code 7404.0000.10) have been granted so far in 2018, compared with 2.84 million tonnes a year ago, according to off...Read More

Great News, Gold is Down

Apr 20 2018 6:12PM / Kitco Commentary

My long-term subscribers and readers of my daily column know that I have an intrinsic bias towards gold. This bias is in relationship to the finite quantity of gold when compared to fiat currencies. Gold and silver were utilized as some of the earliest forms of currencies. The earliest types of government currencies were minted coins made of gold and silver. More importantly, the value of those co...Read More

Zinc Target – Zinc Mcx BUY Call 66b given at price 213.65 Achieved 1st Target 215.10 CMP 215.85. Near to 2nd Target. profit of 2.2 x 2 lot = 4.40 Points

20/04/2018 6:04 PM / Het Commodity

Zinc Target – Zinc Mcx BUY Call 66b given at price 213.65 Achieved 1st Target 215.10 CMP 215.85. Near to 2nd Target. profit of 2.2 x 2 lot = 4.40 Points66b : Zinc Call - BUY Zinc at CMP 213.65 for Target 215.10 - 216.20 with SL below price 212.0. Trade with 2 lotsAFTER POST CONTENT Read More

Copper Carry – Mcx Copper Buy carry call 65b given at price 456.20 Achieved 2nd Target 460. CMP 460.05. Total Profit of 3.8 x 2 lot = Rs 7600 / 7.6 Points

20/04/2018 5:59 PM / Het Commodity

Copper Carry – Mcx Copper Buy carry call 65b given at price 456.20 Achieved 2nd Target 460. CMP 460.05. Total Profit of 3.8 x 2 lot = Rs 7600 / 7.6 Points65b : Copper Carry Call - BUY Copper at CMP 456.20 for Target 459 - 460 with SL below price 452.60AFTER POST CONTENT Read More

Copper Commodity – Mcx Copper BUY Carry call 65b given at price 456.20 Achieved 1st Target 459. (Made 459.90) Total profit made 2.8 x 2 lot = 5.60 Points

20/04/2018 5:53 PM / Het Commodity

Copper Commodity – Mcx Copper BUY Carry call 65b given at price 456.20 Achieved 1st Target 459. (Made 459.90) Total profit made 2.8 x 2 lot = 5.60 Points65b : Copper Carry Call - BUY Copper at CMP 456.20 for Target 459 - 460 with SL below price 452.60. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

Copper Today Tips – Copper BUY Call 673 given at price 457.50 Achieved 1st Target 459.80 (Made 459.90) Total Profit of 2 Point x 2 lot = Rs 4000 / 4 Points

20/04/2018 5:52 PM / Dharma Investment

Copper Today Tips – Copper BUY Call 673 given at price 457.50 Achieved 1st Target 459.80 (Made 459.90) Total Profit of 2 Point x 2 lot = Rs 4000 / 4 PointsTIPS ID 673 : Tips for Copper - Copper BUY at CMP 457.50 for TGT 459.80 - 461 with SL below price 454.90 (2.6 Points SL)AFTER POST CONTENT Read More

Nickel Target Level Today – Nickel Mcx BUY Call 672 given at 964 (968+960) Achieved 1st Target 978 & 2nd Target 985 CMP 985.20. Profit of 19 x 2 lot = 38 Points

20/04/2018 4:15 PM / Vaidik Calls

Nickel Target Level Today – Nickel Mcx BUY Call 672 given at 964 (968+960) Achieved 1st Target 978 & 2nd Target 985 CMP 985.20. Profit of 19 x 2 lot = 38 Points672 : Nickel Call - BUY Nickel at CMP 968 Add more at price 960 with SL 955 for Target 978 - 985AFTER POST CONTENT Read More

This Is The Top Gold ETF For Market Risk Protection

Apr 20 2018 4:03PM / Kitco News

(Kitco News) - The desire for gold is the most universal and deeply rooted commercial instinct of the human race. - Gerald M. Loeb A close look at historical price returns shows that history agrees with the age-old adage of holding gold as a hedge but what is the best way to put this in practice? The purest way for investors to play the yellow metal without buying outright physical gold bullion...Read More

Gold Wants To Go Higher, But U.S. Dollar Hijacks Metal's Rise - Analysts

Apr 20 2018 4:01PM / Kitco News

(Kitco News) - The market is paying attention to the rising U.S. dollar, which poses a big risk to gold prices going into next week, according to analysts.Gold prices ended the week on a lower note, giving up all of Wednesday’s impressive gains. June Comex gold futures were trading at $1,338.10, down 0.79% on the day, as markets are getting ready to close on Friday. Meanwhile, the U.S....Read More

Zinc Target Level – Zinc Commodity Tips 66b Advised buy at price 213.65 Achieved 1st Target 215.10. Total profit of 1.45 x 2 lot = 2.9 Points / Rs 14500

20/04/2018 4:01 PM / Het Commodity

MCX ZINC TARGET LEVELZinc Target Level – Zinc Commodity Tips 66b Advised buy at price 213.65 Achieved 1st Target 215.10. Total profit of 1.45 x 2 lot = 2.9 Points / Rs 1450066b : Zinc Call - BUY Zinc at CMP 213.65 for Target 215.10 - 216.20 with SL below price 212.0. Trade with 2 lotsAFTER POST CONTENT Read More

PROFIT Free Mcx Nickel Tips – Nickel BUY Call 672 Advised at price 964 (968+960) CMP 975. Low risk taker Book Profit of 11 x 2 lot = 22 Points

20/04/2018 3:53 PM / Vaidik Calls

FREE MCX NICKEL TIPSFree Mcx Nickel Tips – Nickel BUY Call 672 Advised at price 964 (968+960) CMP 975. Low risk taker Book Profit of 11 x 2 lot = 22 Points672 : Nickel Call - BUY Nickel at CMP 968 Add more at price 960 with SL 955 for Target 978 - 985AFTER POST CONTENT Read More

FREE MCX TIPS Today Lead Tips – RISK taker Sell Lead at CMP 156.40 for Target 157.40 for Target 155.30 – 154.50

20/04/2018 3:51 PM / Het Commodity

Today Lead Tips – RISK taker Sell Lead at CMP 156.40 for Target 157.40 for Target 155.30 – 154.50AFTER POST CONTENT Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok