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Page 18 - ஷாங்காய் எதிர்காலங்கள் பரிமாற்றம் ஷ News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Column: China ramps up tin exports as rest of the world runs dry

EnergyColumn: China ramps up tin exports as rest of the world runs dry Andy Home 5 minutes read A truck passes through a tin mining area of Indonesia s PT Timah in Pemali, Bangka island, Indonesia, July 25, 2019. REUTERS/Fransiska Nangoy The super-squeeze in the tin market rolls on. The London Metal Exchange (LME) three-month tin price is hovering just below February s 10-year high of $27,500 per tonne, last trading at $27,135. LME time-spreads remain acutely stressed. Cash tin closed on Monday valued at $28,250, commanding a $1,200-per tonne premium over three-month metal. The backwardation has been wider, flexing out to $6,500 in February, but is still extreme by any historical yardstick.

Rubber regains strength on covering purchases - The Hindu BusinessLine

Rubber regains strength on covering purchases April 26, 2021 Another sharp fall in domestic futures may exert pressure on prices Spot rubber ended in green on Monday. The market opened weak reacting closely to the surge in Covid -19 cases but regained strength later on covering purchases following a moderate recovery in Bangkok spot prices. Another sharp fall in domestic futures during the fag end of the session is likely to dampen the sentiments putting further pressure on prices when the commodity resumes trading on Tuesday, an observer said. RSS-4 improved to ₹163.50 (163) per kg, according to traders and the Rubber Board. The grade firmed up to ₹158.50 (158) as per dealers. The trend was mixed as ISNR20 and latex closed unchanged amid thin trades.

Column: Shanghai aluminium soars as China s production stalls

EnergyColumn: Shanghai aluminium soars as China’s production stalls Andy Home 1/2 Workers walk through an aluminium ingots depot in Wuxi, Jiangsu province, China, September 26, 2012. REUTERS/Aly Song/File Photo Read More Shanghai aluminium prices last week hit their highest since 2010 as the Chinese market gears up for a seasonal demand peak. The Shanghai Futures Exchange (ShFE) aluminium contract continues to outperform international prices amid high volumes and open interest with no sign that anyone is being scared off by the increasingly strident official warnings about speculative heat in the country’s commodity markets. The London Metal Exchange (LME) three-month aluminium price has also been on an upwards charge, hitting a fresh year-to-date high of $2,369.50 on Wednesday, but is still some way off its 2018 peak of $2,718 per tonne.

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