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10/16/2018 01:52 PM
LIVE FUTURES REPORT 16/10: LME aluminium price dips despite 70kt delivery; lead consolidates yesterday's gains
Following the largest inflow since April this morning, total LME aluminium stocks are now sitting just below 1 million tonnes after 70,775 tonnes was delivered into LME-listed warehouses in Asia. Prior to this, total aluminium stocks were at their ...
10/16/2018 11:27 AM
LME aluminium may retest $2053
SINGAPORE: LME aluminium may retest a resistance at $2,053, as a bounce from the Oct. 11 low of $2,017.50 has not completed. The bounce occurred after a five-wave cycle from $2,267. It consists of three waves. So far, only two waves have unfolded.
10/16/2018 09:31 AM
LME copper may fall to $6145
The resistance is provided by the 38.2 percent retracement of the downtrend from $7,348 to $5,773. The consolidation between $6,145 and $6,375 may continue. So long as copper remains in the range of $6,145-$6,375, signals will be rather tricky. A break ...
10/16/2018 09:29 AM
METALS-LME copper drops 1 pct as US-China trade war weighs
Three-month copper on the London Metal Exchange slid 1 percent to a $6,237 tonne by 0220 GMT and the most-traded copper contract on the Shanghai Futures Exchange dropped 0.6 percent to 50,460 yuan ($7,290.85) a tonne. * China's factory-gate ...
LME copper drops 1% as US-China trade war weighs
10/16/2018 03:31 AM
LIVE FUTURES REPORT 15/10: Uptrend continues for LME lead price; zinc falls 1.7%
The three-month lead price rose by 1.6% over the afternoon to reach an intraday high of $2,116 per tonne, its highest level since September 4. While broad stock outflows were fueling movement in the lead price, potential supply disruptions could add ...
10/15/2018 07:01 PM