Tue, 21 May 2013 03:17:00 GMT
SHANGHAI– LME zinc prices overnight opened at USD 1,835.9/mt, and fluctuated between USD 1,830-1,840/mt during Asian trading due to a lack of positive news. As short momentum mounted after As...
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Zinc Ore
Tue, 21 May 2013 03:16:00 GMT
SHANGHAI– LME lead prices opened at USD 2,014/mt overnight. As the Chicago Fed’s president Charles Evans noted in his speech that the employment market has seen improvement, but it rema...
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Lead Ore
Tue, 21 May 2013 03:15:00 GMT
SHANGHAI– Trading volumes of LME base metals generally dropped due to holiday in Europe. Charles Evans, president of the Federal Reserve Bank of Chicago, hinted last night his support for ass...
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Copper Ore
Mon, 20 May 2013 02:41:00 GMT
SHANGHAI– LME zinc prices last Friday opened at USD 1,830/mt, and fluctuated above USD 1,835/mt after opening. It was reported Chinese President Xi Jinping stated he will draft reform plans h...
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Zinc Ore
Mon, 20 May 2013 02:40:00 GMT
SHANGHAI– As the University of Michigan Consumer Confidence Index for May and the Conference Board Leading Economic Index for April were reported above expectations and previous levels, shori...
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Lead Ore
Mon, 20 May 2013 02:39:00 GMT
SHANGHAI- It was announced last Friday that automobile sales in Europe rose 1.7% in April, the first growth in 20 months. This raised hopes that sluggish European auto markets are bottoming out aft...
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Copper Ore
Fri, 17 May 2013 02:59:00 GMT
SHANGHAI– LME zinc prices overnight opened at USD 1,832/mt, briefly touching USD 1,840/mt. But due to the strengthening US dollar index and falling euro, LME zinc prices fell back to USD 1,81...
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Zinc Ore
Fri, 17 May 2013 02:58:00 GMT
SHANGHAI– The US building permits for April were reported better than expectation and exceeded previous levels overnight, but the April housing starts, CPI, initial and continuing jobless cla...
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Lead Ore
Thu, 16 May 2013 03:53:00 GMT
SHANGHAI– European economic data released last night were disappointing, fuelling concerns over global economic growth and base metal demand. Germany’s GDP grew 0.1% QoQ in the first qu...
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Copper Ore
Thu, 16 May 2013 03:53:00 GMT
SHANGHAI– LME lead prices opened at USD 1,982/mt overnight. The Q1 GDP data for Germany and France were reported lower than expectations, driving LME lead prices to fall during Asian trading ...
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Lead Ore
Thu, 16 May 2013 03:52:00 GMT
SHANGHAI– LME zinc prices overnight opened at USD 1,850/mt, attempting to break through the 5-day moving average. But due to the sluggish China’s economic data and Li Keqiang’s st...
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Zinc Ore
Wed, 15 May 2013 03:07:00 GMT
SHANGHAI- The US dollar index overnight soared to hit a record high from last August, weighing down LME zinc prices . The euro fell, while investors lacked confidence towards China’s economic...
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Zinc Ore
Wed, 15 May 2013 03:06:00 GMT
SHANGHAI– LME lead prices moved between USD 2,000-2,015/mt with resistance at the 10-day moving average. Later, the US retail sales was reported up 0.1% in April, compared with a 0.3% decline...
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Lead Ore
Wed, 15 May 2013 03:06:00 GMT
SHANGHAI– One Chinese official’s remarks yesterday suggest the Chinese government is unlikely to ease monetary policy further, quashing hopes that downbeat economic data released Monday...
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Copper Ore
Tue, 14 May 2013 03:40:00 GMT
SHANGHAI– LME zinc prices overnight opened at USD 1,867.3/mt. During Asian trading hours, China's economic data was disappointing, causing investor speculations that China will lower interest...
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Zinc Ore
Tue, 14 May 2013 03:39:00 GMT
SHANGHAI– LME lead prices moved between USD 2,000-2,015/mt with resistance at the 10-day moving average. Later, the US retail sales was reported up 0.1% in April, compared with a 0.3% decline...
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Lead Ore
Tue, 14 May 2013 03:37:00 GMT
SHANGHAI– European and US markets were digesting China’s recently released economic data overnight. Investors are expecting China to ease monetary policy further after the country&rsquo...
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Copper Ore
Mon, 13 May 2013 02:56:00 GMT
SHANGHAI– LME zinc prices opened at USD 1,869/mt last Friday as the US dollar index soared. During Asian trading hours, LME zinc prices edged up, touching USD 1,888.3/mt, but falling again af...
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Zinc Ore
Mon, 13 May 2013 02:55:00 GMT
SHANGHAI– LME lead prices opened at USD 2,015/mt last Friday, and moved narrowly near the opening price during Asian trading hours. Later, the US dollar touched at 8-month high of 83.4, drivi...
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Lead Ore
Mon, 13 May 2013 02:54:00 GMT
SHANGHAI– Investors are seeking clues on stimulus policies from the G7 meeting held last Friday. US Federal Reserve Chairman Bernanke said financial market risks will be closely monitored, se...
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Copper Ore