Edition:
India

Pratima Desai

METALS-Vaccines, China demand and dollar drive copper to 30-month peak

24 Nov 2020

LONDON, Nov 24 Copper prices hit an almost 30-month high on Tuesday, with fresh buying triggered by optimism over COVID-19 vaccines, expected robust demand in top consumer China and a weaker dollar.

State purchases drive up cobalt metal prices in China

19 Nov 2020

(This Nov. 18 story corrects spelling of name in paragraph 4)

METALS-Copper slides as vaccine optimism fades, dollar climbs

11 Nov 2020

LONDON, Nov 11 Copper prices fell on Wednesday as worries about growth and demand resurfaced on fading optimism about vaccines to help end the COVID-19 crisis, while a higher dollar reinforced negative sentiment.

METALS-Copper rises on strong Chinese and U.S. manufacturing data

02 Nov 2020

LONDON, Nov 2 Copper prices rose on Monday as sentiment was boosted by robust manufacturing data from China and the United States, though gains were limited by a firmer dollar as the market awaits the outcome of the U.S. presidential election.

Nickel's sizzling rally cools, but not over yet

27 Oct 2020

LONDON Nickel's spectacular rally over the last month, based on ore shortages and robust demand from China's stainless steel mills, still has momentum, but as supplies rise and demand dwindles, prices will retreat.

RPT-LME denies trying to close ring by stealth with new digital plan

23 Oct 2020

LONDON, Oct 22 The London Metal Exchange is not trying to permanently close its open-outcry ring "by stealth" with its push to boost digital trading during the COVID-19 pandemic, its chief executive told Reuters on Thursday.

LME denies trying to close ring by stealth with new digital plan

22 Oct 2020

LONDON The London Metal Exchange is not trying to permanently close its open-outcry ring "by stealth" with its push to boost digital trading during the COVID-19 pandemic, its chief executive told Reuters on Thursday.

China's blueprint to stockpile copper expected in five-year plan

21 Oct 2020

LONDON The prospect of China buying copper for its stockpiles is filtering through the market ahead of a meeting of the country's leaders to discuss its next five-year economic and social development plan.

GRAPHIC-China's blueprint to stockpile copper expected in 5-year plan

21 Oct 2020

LONDON, Oct 21 The prospect of China buying copper for its stockpiles is filtering through the market ahead of a meeting of the country's leaders to discuss its next five-year economic and social development plan.

Apparent aluminum deficit drives up spot prices against longer dates

20 Oct 2020

LONDON Shortages of aluminum for financing deals have significantly boosted prices of metal that can be bought for spot delivery or on physical markets against those for longer dated maturities such as three or six months ahead.

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