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Sep 18, 2014

Copper, base metals slip as Fed rates outlook boosts dollar

LONDON, Sept 18 (Reuters) – Copper and other base metals
slipped on Thursday, pressured by a sharp rise in the dollar
after the U.S. Federal Reserve signalled interest rates could
rise faster than expected.

Three-month copper on the London Metal Exchange
(LME) slid 1.1 percent to $6,851.25 a tonne by 1437 GMT,
reversing small gains in the previous session.

Sep 17, 2014

Calm before the storm? Commodity volatility mired at low levels

LONDON, Sept 17 (Reuters) – Commodity traders curse it while
industrial users of oil, metals and grains applaud it.

Several years of low volatility on commodity markets have
hammered profits for speculators and constricted trading
opportunities, while providing stability for firms that buy such
goods.

Sep 11, 2014

LME to launch aluminium premium contract in Q2 2015

LONDON, Sept 11 (Reuters) – The London Metal Exchange (LME)
slightly delayed the launch its aluminium premium contract to
the second quarter of next year and also said on Thursday it
would hold off from further warehouse reforms ahead of a court
appeal ruling.

The LME, owned by Hong Kong Exchanges and Clearing Ltd
, announced in June it would launch an aluminium
premium contract in the first quarter.

Sep 3, 2014

Nickel gains on Philippine ban proposal, options expiry

LONDON, Sept 3 (Reuters) – Nickel prices climbed to a
one-week high on Wednesday on news that a Philippine senator had
urged a ban on unprocessed mineral ore exports and also
following an options expiry in London.

Copper fell on higher exchange stocks and as investors
downplayed signs of progress towards peace in eastern Ukraine.

Sep 2, 2014

Zinc hits 4-week peak, aluminium up as funds buy

LONDON, Sept 2 (Reuters) – Zinc rose to a four-week high and
aluminium neared an 18-month peak on Tuesday in markets driven
by momentum-based speculators and computer-driven funds.

But analysts cautioned that both zinc and aluminium prices
were moving ahead of supply/demand fundamentals as inventory
levels remain high.

Sep 1, 2014

U.S. case dismissal won’t dim regulatory glare for base metals sector

SYDNEY/LONDON, Sept 1 (Reuters) – Industrial metals will
stay in sharp regulatory focus, even though a U.S. judge
dismissed a high-profile case claiming that Wall Street banks
and commodity merchants artificially inflated aluminium prices
by restricting supply.

Users of the metal who launched the case are facing
continued headaches about supplies as the warehouse backlogs
they complained about are still largely in place, while sky-high
surcharges remain for those wanting material immediately.

Sep 1, 2014

Copper slips after weak China manufacturing data

LONDON, Sept 1 (Reuters) – Copper prices fell on Monday,
under pressure from weak factory data from China that raised
concerns about the outlook for demand from the world’s top
metals consumer.

Three-month copper on the London Metal Exchange shed
0.6 percent to $6,937.75 a tonne by 1425 GMT after ending August
down 1.9 percent – its first monthly loss in four months.

Aug 28, 2014

Major banks’ first-half commodity revenue climbs 21 pct

LONDON (Reuters) – Commodities revenue at the top 10 investment banks climbed by about a fifth in the first half of the year as a cold winter boosted business in U.S. power and gas and some investors returned to the sector, a consultancy said.

Revenue from commodities for the leading banks rose 21 percent to $3.3 billion in the first six months after falling by a similar percent last year, London-based financial industry analytics firm Coalition said in a report on Thursday.

Aug 20, 2014

Krom River keeps faith with commodities, bets on luring equity investors

LONDON, Aug 20 (Reuters) – Commodity hedge fund Krom River
is determined to stay the course in uncertain conditions despite
a hefty sectoral slide, hoping for fresh inflows from investors
fearing a retreat in equities.

Commodity funds have been pummelled in recent years as
pursuit of the asset class as an alternative investment lost its
allure, a sharp contrast to its boom when investors were keen to
ride a wave of infrastructure investment in China.

Aug 18, 2014

Copper rises, but China property downturn caps gains

LONDON, Aug 18 (Reuters) – London copper edged higher on
Monday as some investors regarded recent losses as overdone, but
gains were capped after new home prices in top metal consumer
China fell in July for the third month in a row.

Three-month copper on the London Metal Exchange was
up 0.1 percent at $6,877.50 a tonne by 1340 GMT, after shedding
over 4 percent so far this month.