Trends - aluminium - Business Recorder

Markets

Copper rebounds

LONDON: Copper rebounded after three days of losses as some bearish investors cancelled their positions, partly...

Published 04 Feb, 2021 04:13am

Markets

LME official prices

LONDON: The following were Monday official prices....

Published 03 Feb, 2021 04:35am

Markets

Copper heads towards six-week low

LONDON: Copper prices fell towards six-week lows on Tuesday as funds cut bets on higher prices ahead of a seasonal...

Published 03 Feb, 2021 04:35am

Markets

LME official prices

LONDON: The following were Friday official prices....

Published 02 Feb, 2021 04:29am

Markets

LME official prices

LONDON: The following were Thursday official prices....

Published 30 Jan, 2021 03:55am

Markets

Copper under pressure

LONDON: Copper prices came under pressure on Friday from profit-taking on long positions triggered by the higher...

Published 30 Jan, 2021 03:55am

Markets

LME official prices

LONDON: The following were Wednesday official prices....

Published 29 Jan, 2021 04:55am

Markets

Copper prices up in choppy trade

LONDON: Copper gained on Thursday in choppy trade as the dollar reversed gains, making commodities prices the...

Published 29 Jan, 2021 04:55am

Business & Finance

Industrial metals fall hit by firmer dollar, equities sell-off

Asian shares slid, while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines.

Published 28 Jan, 2021 12:01pm

Markets

LME official prices

LONDON: The following were Tuesday official prices....

Published 28 Jan, 2021 04:40am

Markets

LME official prices

LONDON: The following were Monday official prices....

Published 27 Jan, 2021 04:59am

Markets

Dollar lifts copper as rally loses momentum

LONDON: Copper rose on Tuesday as the dollar weakened, making metals cheaper for buyers outside the United States,...

Published 27 Jan, 2021 04:59am

Markets

LME official prices

LONDON: The following were Friday official prices....

Published 26 Jan, 2021 05:05am

Markets

Copper slips as China’s coronavirus outbreak raises demand fears

LONDON: Copper fell on Friday alongside stock markets and oil prices as poor economic data and new coronavirus...

Published 23 Jan, 2021 03:56am

Markets

Copper rises as stimulus hope fuels risk sentiment

LME aluminium increased 0.9% to $1,998.50 a tonne.
Nickel climbed 0.9% to $18,385 a tonne.

Published 21 Jan, 2021 10:33am

Markets

LME official prices

LONDON: The following were Monday official prices....

Published 20 Jan, 2021 04:29am

Business & Finance

China aluminium imports extend 2020 record high with December rise

China's aluminium exports in 2020 fell to 4.86 million tonnes, customs said on Jan. 14. That was the lowest annual total since 2017.

Published 19 Jan, 2021 12:13pm

Markets

LME official prices

LONDON: The following were Friday official prices....

Published 19 Jan, 2021 04:22am

Markets

China ramp up to rein in aluminium price bulls

US and Western Europe aluminium deficit around 4 mln T each.
JPMorgan expects 2.4 million tonne surplus this year.

Published 18 Jan, 2021 05:44pm

Markets

Copper rises as China's speedy economic growth lifts demand outlook

Three-month copper on the London Metal Exchange rose 0.2% to $7,963.50 a tonne by 0318 GMT, while aluminium advanced 0.1% to $1,993 a tonne and nickel increased 1.2% to $18,125 a tonne.

Published 18 Jan, 2021 11:06am

Markets

Copper rises towards 8-year highs as stimulus cheers markets

Benchmark copper on the London Metal Exchange (LME) was up 0.7pc at $8,065 a tonne at 1703 GMT, a little below last week's peak of $8,238, the highest since February 2013.

Published 15 Jan, 2021 12:09am

Markets

Copper jumps to 2013 peak on Biden infrastructure, stimulus hopes

LME nickel hit its highest since September 2019 at $18,060 a tonne, up 1.6pc, after stainless steel futures surged as much 5pc in China and inventories in the country slid.

Published 08 Jan, 2021 12:02am

Markets

Copper ticks higher, close to 2013 peak, on infrastructure hopes

LME aluminium shed 0.4% to $2,030 a tonne, zinc added 0.3% to $2,868, lead slid 1.5% to $2,032.50 and tin lost 0.3% to $21,050.

Published 07 Jan, 2021 06:37pm

Markets

Copper advances as investors eye more stimulus

LME aluminium advanced 0.2% to $2,044 a tonne while nickel fell 0.4% to $17,615 a tonne and zinc rose 0.8% to $2,834 a tonne.

Published 06 Jan, 2021 01:16pm

Markets

Copper set to be LME's best base metal performer in 2020

However, US Senate leader Mitch McConnell's rejection to schedule a swift vote on whether to raise the country's coronavirus relief checks to $2,000 from $600 dampened sentiment.

Published 31 Dec, 2020 10:24am

Markets

Copper drifts lower in thin trading as coronavirus cases rise

We've just come into some sort of vacuum, with people out of the markets right now.
"I think there are good prospects of going higher next year, but we're not out of the woods yet with this pandemic."

Published 30 Dec, 2020 06:45pm

Markets

Shanghai copper hits over 9-year high, London prices breach $8,000/tonne

The most-traded January copper contract on the Shanghai Futures Exchange climbed as much as 2.2pc to 59,500 yuan ($9,095.36) a tonne, a level unseen since September 2011.

Published 18 Dec, 2020 03:27pm

Markets

Copper set for seventh straight weekly gain on US stimulus hopes

Three-month copper on the London Metal Exchange rose 0.9% to $7,988 a tonne by 0223 GMT and was up 0.9% for the week.

Published 18 Dec, 2020 09:59am

Markets

Copper pushes towards highest since 2013 with $8,000 in sight

Investors bought riskier assets across the board, sending global equities to new peaks, oil prices to a nine-month high and the dollar to its weakest since April 2018.

Published 17 Dec, 2020 08:06pm

Markets

China Nov aluminium output hits daily record high

Output was 3.18 million tonnes last month, the National Bureau of Statistics said.

Published 15 Dec, 2020 09:59am