Trends - London Metal Exchange

London Metal Exchange

Zinc slides to two-month low as stocks surge, China demand wanes

Benchmark three-month zinc on the London Metal Exchange was down 1.6% at $2,613.50 a tonne.
Stocks in LME-registered warehouses have soared by 57% over the past two days to the highest levels since June 2017.

Updated 27 Jan, 2021 11:23pm

Markets

LME adds Grafton to its list of approved warehouse firms

The last warehouse company to be approved by the LME was Edgemere Terminals in August 2018, the LME said.
LME-registered warehouses also issue LME warrants, or title documents, through their London agents for material delivered into their approved warehouses.

Published 26 Jan, 2021 08:31pm

Markets

Tight supply pushes tin prices to highest since 2014

The premium on the London Metal Exchange (LME) for tin that can be quickly delivered has ballooned as stockpiles in the exchange's warehouse system near record lows.
"There's a mismatch of supply and demand, a shortfall that will continue," said independent analyst Robin Bhar.

Published 25 Jan, 2021 06:50pm

Markets

Copper prices slip

LONDON: Copper prices slipped on Thursday as expectations that demand growth in top consumer China had reached a...

Published 22 Jan, 2021 04:47am

Markets

Aluminium hits two-month low as inventories, output climbs

In the short term, you have those inventory rises from both markets, China and ex-China.
The stock gains in China were expected ahead of the Lunar New Year holiday, which kicks off in mid-February, Yao added.

Published 19 Jan, 2021 06:23pm

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 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 eases on stronger dollar

The dollar extended its rebound from near three-year lows against major peers, supported by higher US yields, as President-elect Joe Biden prepared to outline his plans for massive fiscal stimulus.

Published 14 Jan, 2021 10:58am

Markets

Copper prices slide as demand fears dominate

Prices of the metal used widely in the power and construction industries touched $8,238 on Friday for its highest since February 2013.

Updated 12 Jan, 2021 12:59am

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

LME announces departure of Scotiabank, China Merchants Securities

Several banks in recent years have closed commodities businesses, hit by higher capital requirements.
The LME, owned by Hong Kong Exchanges and Clearing Ltd. , said both had also withdrawn as members of its clearing arm, LME Clear.

Published 05 Jan, 2021 09:03pm

Markets

London copper marches towards $8,000 on stronger yuan, solid factory data

China, the United States and Europe showed expansion in their factory activities in December, signalling some economic recovery from coronavirus-induced slumps.

Published 05 Jan, 2021 09:16am

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 metals rise as Trump signs stimulus bill

The London Metal Exchange is closed for a public holiday.

Published 28 Dec, 2020 09:35am

Markets

Copper slips further below $8,000 as rally runs out of gas

Metals were also under pressure as the greenback climbed against major peers amid tightening COVID-19 lockdowns globally.

Published 21 Dec, 2020 08:56am

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 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

Copper advances as investors eye further US stimulus

LME aluminium rose 0.5% to $2,044.50 a tonne, zinc advanced 0.4% to $2,842 a tonne .

Published 17 Dec, 2020 09:43am

Markets

Copper heads towards eight-year high on demand hopes and inventories

The metal used widely in the power and construction industries hit $7,973.50 last Friday, its highest since February 2013.

Published 16 Dec, 2020 06:35pm

Markets

Copper advances on solid China data, vaccine optimism

China's factory output grew at the fastest pace in 20 months in November on rising demand for its manufactured goods.

Published 16 Dec, 2020 09:59am

Markets

China data and vaccine optimism lifts copper price

Benchmark three-month copper on the London Metal Exchange (LME) added 0.3pc to $7,777 per tonne by 1210 GMT.

Published 15 Dec, 2020 07:03pm

Markets

Copper edges up on stimulus hopes, vaccine roll-out

The Trump administration proposed a $916-billion pandemic relief package on Tuesday, while the United Kingdom became the first country to begin mass-vaccinating its people using a fully-tested COVID-19 shot.

Published 09 Dec, 2020 09:26am

Markets

Copper falls as US-China tensions simmer

The most-traded January copper contract on the Shanghai Futures Exchange declined 0.8% to 56,910 yuan ($8,706.76) a tonne.

Published 08 Dec, 2020 09:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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