Nickel Extends Drop, Falls to 8-Month Low
Nickel – Bloomberg reported that industrial metals continue to decline on the LME after economic data from the US and China raised concerns of a weakening demand.
Articles Tagged "Shanghai Futures Exchange"
Zinc Extends Decline Ahead of China Economic Data
Zinc – Bloomberg reported that zinc declined further on the LME after industrial metals tumbled ahead of China economic reports.
Rebar Pares Monthly Decline on Australia Iron Ore Shortage Concern Due to Cyclone
Iron – Bloomberg reported that steel reinforcement bar futures advanced for a second day, paring a monthly drop, on concerns that Australia’s iron ore supply might be affected by a cyclone.
Iron Ore Steel Futures Increase in Shanghai
Iron – Reuters reported that the Shanghai Futures Exchange shows a rise in iron ore futures which traders have attributed to the rising costs as well as optimistic outlook.
New Silver Trading Platform Planned in Hong Kong
Silver – The Chinese Gold & Silver Exchange Society plans to launch its Loco Hong Kong platform in the first quarter of 2013.
Tin Prices Decline on Suspected Weakening Demand in China
Tin – Bloomberg reported tin and other base metals fell as the Shanghai Futures Exchange rose indicating demand in China may be slowing.
Copper Rises in London After China’s Inventories Decline
Copper – Bloomberg reports that Copper rose for the first time in three days in London.
Copper’s nine month high thwarted
Copper Investing News reports copper futures fell after being on a high for nine months. Internationally, copper was mixed. On the Shanghai Futures Exchange October-delivery copper dropped as much as 1.5 per cent to hit 43,020 Yuan per tonne, before trading at 43,340 Yuan. Premiums paid by Chinese importers, typically a good indicator of demand, [...]
Stronger greenback puts the brakes on copper’s rally
Copper Investing News reports copper fell today on a stronger dollar. Copper for three-month delivery fell 3.4 per cent, to $5,055 a tonne on the London Metal Exchange. Copper futures for July delivery fell 7.4 cents, or 3.1 per cent, to $2.2995 a pound on the New York Mercantile Exchange’s Comex division. In Shanghai, copper [...]
Copper’s rollercoaster ride
Copper Investing News reports copper prices has been on a roller coaster ride with the global recession. Consumer confidence sent copper on a rally Tuesday, overshadowing the weak US dollar and worries of shrinking Chinese demand. On the New York Mercantile Exchange’s COMEX division, copper’s morning range spanned $2.1070 to $2.1590, the contract’s highest level [...]
