Base metal markets across LME are showing signs of surplus
Mining News Pro - Every major market on the London Metal Exchange is showing signs of ample supply, as slowing economic growth undercuts demand.
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Visit: 123
Supply squeeze sparks 122% rally in little-known metal market
Mining News Pro - The world’s hottest metals market at the moment is molybdenum, the obscure commodity that’s used to help toughen steel.
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Visit: 148
New squeeze hits London metal market with zinc spreads spiking
Mining News Pro - There’s a new supply crisis brewing on the London Metal Exchange, as plunging stockpiles of zinc leave buyers facing a huge premium to obtain spot metal.
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Visit: 842
Metal markets caught out by strength of Chinese stimulus
Mining News Pro - London copper hit a two-year high of $6,707 per tonne on Wednesday, extending its super-charged rally from the March lows of $4,371.
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Visit: 825
Zinc price falls due to lacking fundamentals support in metal market
Mining News Agency- LME zinc inventory increased around 56,475 tons within three days in the end of April in 2018. In addition, market participants expected that there was little room for zinc rebounding in the market outlook because of lacking fundamentals support in the metal market.
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Visit: 2622
French Natixis: Metal market demand will begin to weaken
Mining News Agency - The French Foreign Trade Bank (Natixis), a strategic analyst, pointed out that the price of metals has a great performance over the past year, attracting worldwide investors attention. The metal market would start to weaken, but not yet reversed.
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Visit: 973
Global basic metal market remains optimistic
Mining News Agency -It is reported that the global basic metal prices rose up to 30% in 2017, including, copper, aluminum, lead, zinc and other commodities, which was a great performance even stronger than the performance of major global markets.
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Visit: 1051