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Top News In நிக்கல் சுரங்கங்கள் வரையறுக்கப்பட்டவை Today - Breaking & Trending Today

SMM Morning Comments (May 19): Shanghai base metals were mostly higher as global sentiment improved_SMM

Shanghai base metals were mostly higher on Wednesday morning as global markets attempted to break out from the gloomy sentiment seen at the start of the trading week. Meanwhile, their counterparts on the LME also rose for the most part.
SHANGHAI, May 19 (SMM) Shanghai base metals were mostly higher on Wednesday morning as global markets attempted to break out from the gloomy sentiment seen at the start of the trading week. Meanwhile, their counterparts on the LME also rose for the most part.
Shanghai base metals mostly advanced in overnight trading. Lead increased 1.34%, tin rose 0.76%, nickel went up 0.2% and zinc strengthened 0.43%, while copper slid 0.42% and aluminium weakened 0.73%. ....

Market Commentary , சந்தை வர்ணனை , வழி நடத்து ,

SMM Evening Comments (May 19): Shanghai nonferrous metals fell for the most part, aluminium slumped 2.28%_SMM

Shanghai base metals fell broadly on Wednesday May 19. Copper declined 2.01%, aluminium plunged 2.28%, zinc fell 1.04%, nickel and tin edged down 0.05%, while lead gained 1.63%.
SHANGHAI, May 19 (SMM) – Shanghai base metals fell broadly on Wednesday May 19. Copper declined 2.01%, aluminium plunged 2.28%, zinc fell 1.04%, nickel and tin edged down 0.05%, while lead gained 1.63%.
Copper: The most-traded SHFE 2106 copper contract finished the day 2.01% lower at 74,090 yuan/mt, with open interest losing 11,121 lots to 108,000 lots.
The National Development and Reform Commission responded to the recent sharp increase in commodity prices, stating that commodity prices will gradually return to the fundamentals of supply and demand. At present, the National Development and Reform Commission and the State Administration of Market Supervision are jointly investigating industry market conditions, and will take targeted measures to strengthen the supervision of the futures marke ....

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First Quantum sells Australia nickel mine stake to POSCO for $240-million

First Quantum said it and Posco have also agreed to evaluate a strategic partnership to produce battery precursor materials from production at the mine ....

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METALS-Copper sinks as inflation fears eclipse South American political risk

By Reuters Staff
(Updates prices, China to curb high prices)
LONDON, May 19 (Reuters) - Copper prices fell on Wednesday as rising inflation pushed investors into a risk-off sentiment, offsetting the impact of potential supply disruptions in the top producing region of South America.
Benchmark three-month copper on the London Metal Exchange (LME) shed 3% to $10,101 a tonne by 1311 GMT.
The metal, widely used in the power and construction industries, was on track for its biggest daily fall since February. Last week, copper hit a record of $10,747.50 a tonne and has jumped 32% so far this year.
“A lot of good news has already been priced into copper,” said Julius Baer analyst Carsten Menke, citing the muted impact of potential for higher royalties and strikes in top producer Chile and a socialist party leading polls in Peru have had on prices. ....

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China's Lygend starts milestone nickel project in Indonesia

BEIJING/HANOI: China's Lygend Mining said on Wednesday its nickel and cobalt smelting project in Indonesia had made its first batch of mixed . ....

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