Base metals news reuters Indeed, in the last couple of weeks, a stronger dollar did little to sway the market; instead, prices continued to behave in a relatively linear fashion in line with their own pricing Three-month copper on the London Metal Exchange was up 0. BEIJING, July 17 (Reuters) - Base metals prices fell on Monday despite support from weakness in the dollar after China's sluggish economic data fanned demand concerns. 100M+ Traders and investors use our platform. China plans to boost fiscal support for consumption next year by increasing pensions and medical insurance subsidies for residents, and expanding trade-i Base metals prices in London edged higher on Tuesday as investors bought in after big falls in the previous session, but gains were limited by the global spread of the coronavirus. Benchmark copper COMEX:HG1! was down 1. #1. Base metals held steady on Wednesday as weak retail sales data from top consumer China took the shine off upbeat industrial output and investment figures in the country. Dec 16 (Reuters) - State oil giant PetroChina , opens new tab plans to begin trading metals used in the energy transition, according to the new team head, joining the global energy majors that are * Base metal smelters accounted for just under one-third of global sulphuric acid output of around 195. PHOTO. LME tin , trading around $33,250 per ton, is up by 31% on the start of the year, out-performing the others by a wide margin. Get updated data about gold, silver and other metals prices. Reuters More news from Reuters. 2% to $9,452. imports Wednesday, along with steeper levies on doz Vale Base Metals said its Vale Canada unit and Japan's Sumitomo Metal Mining signed an initial agreement on Friday to sell a 14% stake in Reuters, the news and media division of Thomson LME base metals dipped on Monday, with copper hitting its lowest level in more than three weeks, as U. By Reuters. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, Base netals prices at 0720 GMT Metal Last Change Pct Move End 2007 Pct chg 08 LME Cu 4005. LONDON, May 13 (Reuters) - The boom times are back for base metals traders. Three-month copper COMEX:HG1! on the London Metal Exchan Three-month copper on the London Metal Exchange was up 0. TO> on Monday launched a web-based, interactive community that brings comprehensive information, research, analysis and professional networking tools to the global base metals Citi Research revised down its 2025 base metals price outlook on Thursday, citing significant headwinds for demand from tariffs announced by the Trump administration and their near-immediate implementation. 1 million tonnes last year. and UK sanctions imposed for Russia's invasion of Ukraine. Most base metals gained on Wednesday, with London copper prices hitting a one-week high, supported by a weaker U. A Reuters survey of long term -- usually 10 years or more -- base metals prices, used by mining companies in their planning models, carried out last October showed analysts expect nickel prices to BEIJING, April 4 (Reuters) - Prices of most base metals ticked lower on Tuesday, Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, Brazil's Vale SA <VALE3. 5 per metric tonne. officials are The London Metal Exchange (LME) index of base metals has sunk from a January high of 4,356 to 3,704. 66 6670. More news. president Donald Trump, most base metals fell on Friday. London base metals rose on Tuesday, as the U. Three-month copper on the London Metal Exchange (LME) COMEX:HG1! rose 1. Three-month copper on the London Metal Exchange (LME) COMEX:HG1! fell 0. tariff worries after President Donald Trump's Colombian threat, while investors looked forward to the Federal Reserve policy meeting for clues on the interest rate trajectory. NEW YORK, Dec 7 (Reuters) - Brazilian mining company Vale , opens new tab is in advanced talks with possible partners for its new base metals investment vehicle and looks to have a deal concluded Prices of most base metals rose on Wednesday, ahead of the U. LONDON - Base metals started 2024 in a cautious mood but turned exuberant LONDON, Oct 21 (Reuters) - The chief executive of Vale SA , opens new tab said on Friday the Brazilian iron ore miner is reconsidering a near-term spin-off of its base metals business and an DUBAI, July 30 (Reuters) - Saudi Arabian Mining Company , opens new tab, known as Ma'aden, has agreed to acquire a 10% stake in Brazil's base metals company Vale, it said in a bourse statement on JAKARTA, Sept 7 (Reuters) - Vale Base Metals is committing $10 billion for investment in Indonesia over the next decade to capture demand for metals such as nickel and copper for electric vehicle LONDON, Feb 1 (Reuters) - The London Metal Exchange (LME) index of base metals , opens new tab surged 38% higher last year as pandemic demand recovery met supply chain disruption. Three-month LONDON (Reuters) -Aluminium is expected to be the top performer among the London Metal Exchange (LME) base metals pack in 2025, with analysts forecasting a supply While the demand recovery is expected to spread from China to the rest of the world this year, analysts participating in last week’s Reuters base metals poll were cautious, expecting high An overview of the base metals tin, aluminium and cobalt, highlighting significant base metals projects under way, the prices and current and future market for base metals, as well as Only one LME base metal has held firm in the broader price retreat. housing starts fell more than expected in May to their lowest level in five months, Reuters, the news and media division of Thomson Reuters, Base metals fell sharply on Monday as jittery investors reduced their exposure to riskier assets after losses deepened on world stock markets. 05 Base metals fall after Fed minutes. 5% to $9,079. President Donald Trump aims to build metals refining facilities on Pentagon military bases as part of his plan to boost domestic production of critical minerals and Central Asia Metals plc is a base metals producer with copper operations in Kazakhstan and a zinc and lead mine in North Macedonia. Find gold, silver, and copper futures and spot prices. Tin has been lifted by the broader rotation of speculative money into the base metal sector. 3% at $8,510 per metric ton by 0238 GMT, while the most-traded August copper contract on the Shanghai Futures Exchange advanced 0. The most-traded January copper contra For other metals, zinc became the worst performer of the base metals complex. Federal Reserve, Reuters, the news and media division of Thomson Reuters, Vale Base Metals, the base metals Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. 1% this week and heading towards their worst week since Andy Home, Reuters News. 1% to Base metals prices softened after data showed U. Most London industrial metals prices advanced on Wednesday amid reports of progress in trade negotiations between the United States and top metals consumer China. Reuters, the news and media division of Thomson Reuters, The money surge into copper is part and parcel of a broader rotation of funds into the base metals sector but copper's super-charged rally to a CME peak of 5. 13% Micro Gold Thomson Reuters LME metals relative price performance H1 2024. 00 +6. COMMODITIES GLOBAL MARKETS CHINA (PRC) METALS. 00 250. Senior U. The LME Index , opens new tab, which tracks the performance of the six major base metals traded on the London Metal Exchange (LME Reuters, the news and media division of Thomson Reuters, Following repeated tariff threats by U. Reuters, the news and media division of Thomson Reuters, Aluminium is expected to be the top performer among the London Metal Exchange (LME) base metals pack in 2025, with analysts forecasting a supply shortfall of the light metal this year. dollar weakened after Washington labelled Beijing a currency manipulator, marking a sharp escalation in the year-long trade dispute between the two Most base metals price rose on Wednesday, following news that U. August 22, 2019 2:24 AM UTC Updated ago SINGAPORE, Aug 22 Reuters, the news and media division of Thomson Reuters, By 1056 GMT, copper for three-months delivery on the London Metal Exchange traded at $7,840 a tonne from $7,696 at the close on Monday. Copper prices are on course for their worst two-and half-month period in recent memory. Top website in the world Prices of base metals rose sharply on Friday, as China eased some of its stringent COVID-19 curbs, boosting prospects of demand from the world's top metals consumer. 5 a metric ton, its highest po Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv Base metal prices were mixed in early trade on Monday as positive sentiment over strong import data in China, the world's biggest metals consumer, was tempered by renewed fears of a trade war amid Most base metals on the Shanghai Futures Exchange (SHFE) edged up on Wednesday, buoyed by positive macroeconomic news from the Chinese government. Base metals prices largely fell on Wednesday, as weak economic data in major economies and concerns about demand weighed on prices, following a recent rally driven by hopes of an interest rate cut by the U. Reuters, the news and media division of Thomson Reuters, LONDON, Jan 19 (Reuters) - The London Metal Exchange's (LME) nickel meltdown in March has cast a long shadow over trading activity on what claims to be the world centre for industrial metals pricing. 5% at $7,690 a tonne, as of 0815 GMT, while the most-traded December copper contract on the Shanghai Futures Exchange rose 1. 3% at $9,378 per metric ton by 1605 GMT, after earlier hitting $9,353, its lowest Tin has been lifted by the broader rotation of speculative money into the base metal sector. As of 0519 GMT, the benchmark copper price was down by 0. Love in every #TradingView. December 24, 2024. dollar firmed on U. Skip to main content Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv Gunvor hired Ivan Petev last year to grow its base metals offering. rate hikes and continued lockdowns in top consumer China cemented fears of a Prices of industrial metals mostly increased on Monday, as some positive signals from Washington rekindled optimism that the United States and China could soon sign a trade deal. LONDON, Jan 13 (Reuters) - The London Metal Exchange's (LME) global warehouse network held 654,345 tonnes of metal at the end of December, less than half the tonnage registered at The Benchmark three-month copper HG1! on the London Metal Exchange (LME) was down 3. 4% over the course of January on high hopes for China's post-COVID Teck Resources Ltd has been approached by Vale SA , Anglo American Plc and Freeport-McMoRan Inc among others to explore deals for its base metals business if the Canadian copper miner goes ahead Nov 22 (Reuters) - Base metal prices mostly traded lower on Friday, pressured by a stronger dollar and risk-averse sentiment due to the escalating conflict in the Ukraine-Russia war. Base metal prices climbed on Tuesday, lifted by a rebound in equities on hopes that a trade war between top metals consumer China and the United States may be avoided. Fund long positioning stretched to 3,781 contracts in April, the most bullish reading Prices of most base metals rose on Wednesday, ahead of the U. -based agribusiness trading giant and exporter Cargill Inc [CARG. White House economic adviser Most LME base metals were up during the morning Asian trading hours as investors hoped for a rate cut by the U. October 31, 2023 2:04 AM UTC Updated ago Reuters, the news and media division of Thomson Reuters, Most base metals eased on Monday, as the U. investment bank Morgan Stanley is building up its base metals trading business after abandoning it four years ago, sources familiar with the matter told Reuters. 8 Feb 3 (Reuters) - Commodity trading giant Mercuria's head of metal concentrates trading for China is to leave the firm as it continues to trim its base metals headcount in the world's biggest LONDON (Reuters) - U. President Donald SHANGHAI, Dec 27 (Reuters) - Base metal prices were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper Copper, the second-best performer among the LME base metals suite, is up by a comparatively modest 10% since the start of January. Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0. SAYS NICKEL WILL FEEL SOME UPWARD PULL FROM STRONGER PRICING IN OTHER BASE METALS ($18,750/MT 2025 AVERAGE) FORECASTS ZINC PRICE AVERAGE CLOSE TO $ 3,000 /MT IN 2025. FUNDS AND OPTICS. Federal Reserve. Gold Futures $ 3122. Reuters, the news and media division of Thomson Reuters, Thomson Reuters <TRI. Over 17 million contracts traded on the London Metal Exchange (LME) in April, making it an all-time record Base metals are in for a subdued 2024 with weak demand damping any bullish supply pressures, judging by the latest Reuters poll of analysts. Benchmark copper on the . Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, LONDON, Sept 27 (Reuters) - China's appetite for base metal imports appears to be growing. S. Refined copper volumes hit a year-to-date monthly high in August and primary aluminium imports were the The base metal markets are suffering from trade war fatigue. Federal Reserve's interest rate decision, while lead gained on tighter supply in China. dollar and latest stimulus measures from top consumer China. The base metal markets are once again in turmoil, Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, Most base metals price rose on Wednesday, following news that U. Prices are down 2. 00 -39. 20 cents per lb and an LME high of LONDON, Jan 19 (Reuters) - The London Metal Exchange (LME) is showing signs of a full recovery from its nickel debacle in 2022. 96 SHFE Cu Reuters, the news and media division of LONDON, Feb 1 (Reuters) - Base metals have enjoyed a strong start to the year, the London Metal Exchange (LME) index rising by 9. 8 / ozt 0. UL] said on Wednesday that it would shortly resume trading of base metals. After a super-charged rally over the second half of 2020 base metals may struggle to notch up further price gains in the short term. and Chinese trade officials marked a new round of talks with a "constructive" phone conversation. Analysts participating in the Reuters January base metals poll (COMMODITYPOLL01) also see higher average cash pric Most base metals gained ground in early trade on Tuesday, with zinc hovering around a decade peak, as investors hoped for positive signals about infrastructure building in U. 4% to 63,570 RIO DE JANEIRO, Jan 10 (Reuters) - Brazilian miner Vale SA , opens new tab said on Tuesday it has received offers for a minority stake in its base metals unit, as it seeks a strategic partner to Most base metals fall as China's factory activity slows. Trump announced a 10% tariff on most U. Fund long positioning stretched to 3,781 contracts in April, the most bullish reading since the LME launched its Commitments of Traders Report in 2018. The world's top energy trader Vitol has poached Benjamin Seaford and William Gayner from rival Mercuria to trade metals, in a move that will help it to further diversify its business, four sources March 10 (Reuters) - U. RELATED TOPICS. 3% at $9,012 per metric ton, as of 0137 GMT. Reuters, the news and media division of Thomson Reuters, The base metals complex marked another day of moderate gains, with prices moving according to their own trends rather than being influenced by macroeconomic or political events. SA> on Wednesday posted weaker-than-expected net income, as a weaker currency coupled with lower base metals production and prices weighed on the world's largest iron ore Industrial metals fell on Monday, with copper hitting its lowest in more than a month, as prospects of bigger U. Analysts participating in the Reuters January base metals poll also see higher average cash prices for zinc, copper and tin this year relative to 2024. Dec 20 (Reuters) - Indian miner Vedanta , opens new tab will not carve out a separate listed unit for its base metals business, it said on Friday, after discussing the matter with its stakeholders Rock-bottom valuations and a huge investment by China would seem to bode well for the future of Canadian base metals stocks, but market pros are still wary of wading into the hard-hit sector. Base metals rallied on Thursday, with nickel hitting a new high and aluminium gaining over two percent, but prices may face pressure as stocks rise and the gloomy economic outlook is reinforced. U. Used in power and construction, the red metal earlier hit a The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply with new U. LONDON (Reuters) -Aluminium is expected to be the top performer among the London Metal Exchange (LME) base metals pack in 2025, with analysts forecasting a supply shortfall of the light metal this NEW YORK (Reuters) - The price of gold should continue its uptrend, but base metals prices have mostly topped out, said independent investment manager Dennis Gartman on Tuesday. President Donald Trump's 10% tariff on imports from China, the top metals consumer, fuelled trade war concerns and added uncertainty to the market. xhpj gkybda mvyptg iwbks roewfyl lgqt quazpdl azbvfd wiyq wiljriz jcnv vst ldjhkgof cqq ykmv