4 December 2024: Data on LME COTR speculative positions (for the week ending 29 November) were released last night. The data showed that net positions increased for lead, nickel and zinc, but fell for aluminium, copper and tin. There were few common themes for the base metals, with fresh longs seen for lead and zinc, […]
December 4, 2024 - Dan Smith
24 September 2024: The LME base metals complex saw mixed price trends in the past year, with aluminium, copper and zinc all up, while tin prices soared. The OECD countries saw sharp falls in inflation and US interest rates were cut, helping to boost financial markets and commodities more generally. Speculative positions have increased for […]
September 26, 2024 - Dan Smith