All Posts Tagged With: "Lme"
Base Metals All Up
It was a banner day today for the base metals as copper, zinc, nickel, aluminum, and lead all rose. Copper rose slightly in early trading before falling to an intraday low at around 9am. Prices rallied, however, to finish at $3.7692/lb., up ¾ cents.
Base Metals See Red
The base metals were all in the red on Friday. Copper was all over the place, but stayed between $3.75 and $3.79, finishing near the lower part of the range, at $3.762/lb., down a penny and two-thirds.
Base Metals Up On Optimism
The base metals were mostly in positive territory on Thursday. Copper was flat until the New York open, then climbed higher through the morning, before easing to a finish at $3.787/lb., up more than 3 cents.
Copper Rallies on Peru
The base metals were mixed on Thursday. Copper sank during the pre-dawn hours but took off during the first hour of New York trading, before easing later in the day and finishing at $3.8466/lb., up 2¼ cents.
Base Metals Stuck
The base metals were mixed on Friday. Copper was flat until the late morning, then shot upward, peaking around noon before flattening out after that to finish at $3.6656/lb., up 5 cents.
Strong Dollar Hits Most Base Metals - But Nickel Rallies on Smelter Closure
The base metals were mostly in the red on Thursday. Copper declined from the pre-dawn hours through to mid-morning, then rallied to finish at $3.6157/lb., down just more than 2 1/3 cents. Nickel prolonged its recent resurgence, rising steadily to push back over the $11 mark, closing at $11.0873/lb., up 61 cents.
Base Metals Remain Stagnant
The base metals were mixed again on Wednesday. Copper sagged through the pre-dawn hours, but recaptured the lost ground during the New York session, finishing at $3.6395/lb., up a penny and a half.
Base Metals Mostly Higher
The base metals were mostly higher on Friday. Copper rose during the pre-dawn hours, peaking at $3.73 near the New York open, then slid for most of the rest of the day, finishing at $3.6965/lb., up 9 cents.
Base Metals Continue Weak - Huge Copper Surplus Predicted for 2009
The base metals were mixed again on Thursday. Copper sank during the pre-dawn hours and fought its way back during the New York session though it fell short of positive territory at $3.6068/lb., down more than a penny and a third.
Base Metals Remain Stagnant - Aluminum Fundamentals seen as Strong
The base metals were mixed on Monday. Copper was off in the pre-dawn hours but rallied back during the New York session yesterday, to finish little changed at $3.6665/lb., down just over a tenth of a cent.
Latest News
- 5 Fat-Dividend Paying Pharmacuetical Stocks10:09am CDT
- Down 24%, Berkshire Hathaway (BRK.B) Is a No-Brainer Buy9:29am CDT
- 3 Ways to Play Fast Growing Wind-Energy Sector9:07am CDT
- With OPEC Meeting Looming, and Emerging Markets Growing, Oil Prices May Only be Temporary8:45am CDT
- Fannie and Freddie Seized… Cost to Taxpayer: Over $1 Trillion8:38am CDT
- Government Takes Control Fannie Mae and Freddie Mac8:38am CDT
- Base Metals Savaged1:58pm CDT
- Crude Still Slipping1:55pm CDT
- Dollar Flat Amid Dreadful Data1:52pm CDT
- Gold Edges Up, but Silver Hammered Again1:47pm CDT
- Brazilian Oil Takes One Step Closer to Nationalization3:32pm CDT
- Resource Stock Roundup Friday, September 5th, 200812:01pm CDT
- Base Metals Treading Water11:53am CDT
- Crude Slips Further, $106 Seen as Support Level11:50am CDT
- Dollar Continues to Squash Euro11:47am CDT
- No Relief in Sight for Gold and Silver11:43am CDT
- Global Investing Roundups Friday, September 5th, 20089:39am CDT
- Weak Labor Market and Slowing Retail Sales Put U.S. Stocks in a Tailspin9:18am CDT
- Protest at Tata Plant Evidence of Indian Identity Crisis9:04am CDT