Trends - London Metal Exchange

London Metal Exchange

Copper edges towards $10,000 ahead of holiday in China

Benchmark copper on the London Metal Exchange was up 0.1% at $9,895 a tonne.
Copper prices dipped initially on Friday, but then joined gains in other risky assets such as world stocks, which held near record highs, lifted by strong US data and the Federal Reserve's vow to support the economy.

Published 30 Apr, 2021 05:32pm

Markets

Copper retreats after breaking $10,000 level

LONDON: Copper slipped on Thursday after briefly punching above the $10,000 level, last broken a decade ago, as...

Published 30 Apr, 2021 05:06am

Markets

Copper eyes $10,000/T level as US dollar softens

"(Copper is) supported by a weaker dollar and dovish comments from the Federal Reserve," said commodities broker Anna Stablum of Marex Spectron in a note.

Published 29 Apr, 2021 12:18pm

Markets

Copper drops from decade high on stronger dollar, lower premium

A rebounding US dollar also made greenback-priced metals more expensive and less appealing to holders of other currencies.

Published 28 Apr, 2021 11:49am

Markets

Copper dips

LONDON: Copper slipped on Thursday on worries about China capping commodities prices to curb inflation and as...

Published 23 Apr, 2021 05:12am

Markets

Copper rises on global economic recovery hopes

LME copper inventories fell for the second straight session, albeit only slightly, while the premium of cash copper over the three-month contract rose to $16 a tonne, indicating tightening nearby supplies.

Published 19 Apr, 2021 12:05pm

Markets

Supply angst propels aluminium to multi-year high

LONDON: Aluminium prices rose on Wednesday to their highest in nearly three years on worries about supplies from top...

Published 15 Apr, 2021 03:22am

Markets

Copper prices slip

LONDON: Copper prices slipped on Monday on worries that top metals consumer China wants to put a lid on surging...

Published 13 Apr, 2021 04:31am

Markets

Copper prices slip on China policy fears

LONDON: Copper prices edged lower on Friday as strong Chinese inflation data raised fears that the world’s biggest...

Published 10 Apr, 2021 04:34am

Markets

Copper climbs on supply concerns, lower dollar

"Copper prices have settled around $9,000, not $8,000, which tells you the market is fairly tight," said Guy Wolf, global head of analytics at Marex.
"The outlook is very uncertain, the key thing is will vaccines stop the spread of the coronavirus. Once people believe the vaccine stops you infecting other people, things will start moving."

Published 08 Apr, 2021 05:51pm

Markets

Copper slips as inventories climb and China premiums dip

Benchmark copper on the London Metal Exchange (LME) shed 0.8% to $8,974.50 a tonne in official trading. The metal touched its highest since March 23 at $9,104 in the previous session.
Copper inventories in LME-registered warehouses have since surged to 150,325 tonnes compared to 74,200 tonnes at the end of February.

Published 07 Apr, 2021 05:56pm

Markets

China’s aluminium imports underpin physical premium surge

LONDON: Japanese aluminium buyers have agreed to pay the highest premium in six years to get their metal in the...

Published 03 Apr, 2021 03:41am

Markets

Shanghai copper gains as smelting activities drop

The London Metal Exchange is closed for a holiday.

Updated 02 Apr, 2021 12:13pm

Markets

Japan buyers agree to pay Q2 aluminium premiums of $148-149/T

The April-June premiums are the highest since the same quarter in 2015. In January to March, the premium was $130 per tonne. This is a third consecutive quarterly rise in premiums.

Published 31 Mar, 2021 02:16pm

Markets

Pandemic, firm dollar set LME copper for first monthly fall in 1 year

A stronger dollar makes greenback-priced metals more expensive and less appealing to holders of other currencies.

Published 31 Mar, 2021 12:28pm

Markets

Suez blockage boosts copper prices

LONDON: Copper prices rose on Friday as the market worried about the cost repercussions for transporting industrial...

Published 27 Mar, 2021 05:41am

Markets

Copper falls to near 3-week low

LONDON: Copper prices slid to their lowest in nearly three weeks on Thursday on a buoyant dollar and concern about...

Published 26 Mar, 2021 05:22am

Markets

Copper falls over 1% on firmer dollar amid Europe virus scare

Three-month copper on the London Metal Exchange was down 1.3% at $8,859 a tonne by 0450 GMT, having hit $8,850 a tonne earlier in the session, its lowest since March 19.

Published 25 Mar, 2021 12:15pm

Markets

Copper prices down in choppy trade

LONDON: Copper prices were lower in choppy trade on Wednesday as a stronger dollar overpowered high activity levels...

Published 25 Mar, 2021 05:08am

Markets

Aluminium hits highest since 2018

LONDON: Aluminium prices rose on Monday to their highest level since June 2018 as investors worried that Chinese...

Updated 23 Mar, 2021 05:15pm

Markets

Aluminium hits highest since 2018 as China pollution curbs seen restricting output

Benchmark aluminium on the London Metal Exchange (LME) was up 0.3pc at $2,273 a tonne at 1705 GMT after reaching $2,289.50.

Updated 23 Mar, 2021 05:12pm

Markets

Copper dips as stronger dollar offsets supply concerns

LONDON: Copper prices came under pressure on Thursday from a higher dollar and spiking US Treasury bond yields, but...

Published 19 Mar, 2021 05:32am

Markets

Copper falls as rising inventories spur demand concerns

Meanwhile, stockpiles are rising in exchange warehouses, with LME copper inventories hitting their highest since Dec. 30 at 107,275 tonnes, and ShFE stockpiles were last at their six-month high of 171,794 tonnes.

Published 18 Mar, 2021 12:41pm

Markets

London copper edges up on demand view, tight mine supply

Meanwhile, tight copper concentrate supply remained a concern for downstream copper players.

Published 17 Mar, 2021 12:33pm

Markets

Copper slips on profit taking, firmer dollar ahead of Fed

Benchmark copper on the London Metal Exchange had dropped 1.8% to $8,979.50 a tonne.
Copper hit a 9-1/2 year peak last month of $9,617, having surged by 24% since the start of the year.

Published 16 Mar, 2021 05:16pm

Markets

Copper gains in thin volume, aluminium jumps

LONDON: Copper prices gained on Monday after stronger-than-expected industrial growth in top metals consumer China,...

Published 16 Mar, 2021 04:43am

Markets

China pollution clampdown fuels copper demand concerns

LONDON: Copper prices eased on Friday as Chinese anti-pollution measures fuelled worries about reduced demand, while...

Published 13 Mar, 2021 04:28am

Markets

London copper dips as demand growth slows, supply weighs

The premium of LME cash copper over the three-month contract fell to $11.50 a tonne, its lowest since Feb. 11, suggesting that the nearby supply tightness has eased.

Published 12 Mar, 2021 11:38am

Markets

Copper rises on US stimulus cheer, Chile supply threat

Copper is often used as a gauge of global economic health.

Published 11 Mar, 2021 11:20am

Markets

Copper prices surge

LONDON: Copper prices rose on Wednesday as traders hoped a pullback from 10-year highs had run its course and the...

Published 11 Mar, 2021 05:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	280.33
USD PKR Interbank Buying / Jan 1	279.78
USD to Japanese Yen / Jan 1	145.83
USD to Swiss Franc / Jan 1	0.86
Pound Sterling to USD / Jan 1	1.27
Euro to USD / Jan 1	1.09

Stock	Volume
S&P 500 / Jan 1	4783.83
India Sensex / Jan 1	73327.94
Tokyo Nikkei / Jan 1	35674
Nasdaq / Jan 1	14972.76
Hang Seng / Jan 1	16216.33
FTSE 100 / Jan 1	7594.91
Dow Jones / Jan 1	37592.98
Germany DAX 30 / Jan 1	16622.22

Item	Value
Crude Oil USD/Barrel / Jan 1	72.30
Karachi Cotton PKR/37.32 KG / Jan 1	19235
Gold 10 Grams PKR / Jan 1	185614
Gold Spot USD/Ounce / Jan 1	2052.79

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

London Metal Exchange

Most Popular