1
PEONY ONLINE, INC. MORNING MARKET REPORT FRI JUN 06, 2014 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 8:15 1838 -12 1838 1838 1850 1838 ALUMINUM (spot) 8:15 1817 -7.3 1817 1817 1824.3 1817 1817 N_A_ALLOY(3-mo) 8:15 2300 -90 2300 2300 2390 2300 N_A_ALLOY(spot) 8:15 2295 -92 2295 2295 2387 2295 2295 AL_ALLOY (3-mo) 8:15 1970 -20 1970 1970 1990 1970 AL_ALLOY (spot) 8:15 1970 -20 1970 1970 1990 1970 1970 COPPER (3-mo) 8:15 6656 -124 6656 6656 6780 6656 COPPER (spot) 8:15 6660.5 -142.5 6660.5 6660.5 6803 6660.5 6660.5 LEAD (3-mo) 8:15 2084 -24.5 2084 2084 2108.5 2084 LEAD (spot) 8:15 2063 -23.3 2063 2063 2086.3 2063 2063 NICKEL (3-mo) 8:15 18520 -510 18520 18520 19030 18520 NICKEL (spot) 8:15 18465 -508 18465 18465 18973 18465 18465 TIN (3-mo) 8:15 22975 -270 22975 22975 23245 22975 TIN (spot) 8:15 23025 -200 23025 23025 23225 23025 23025 ZINC (3-mo) 8:15 2070 -18 2070 2070 2088 2070 ZINC (spot) 8:15 2069.5 -19.5 2069.5 2069.5 2089 2069.5 2069.5 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 8:15 83.37 -0.54 83.37 83.37 83.91 83.37 ALUMINUM (spot) 8:15 82.42 -0.33 82.42 82.42 82.75 82.42 82.42 N_A_ALLOY(3-mo) 8:15 104.33 -4.08 104.33 104.33 108.41 104.33 N_A_ALLOY(spot) 8:15 104.10 -4.17 104.10 104.10 108.27 104.10 104.10 AL_ALLOY (3-mo) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36 AL_ALLOY (spot) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36 89.36 COPPER (3-mo) 8:15 301.91 -5.62 301.91 301.91 307.54 301.91 COPPER (spot) 8:15 302.12 -6.46 302.12 302.12 308.58 302.12 302.12 LEAD (3-mo) 8:15 94.53 -1.11 94.53 94.53 95.64 94.53 LEAD (spot) 8:15 93.58 -1.06 93.58 93.58 94.63 93.58 93.58 NICKEL (3-mo) 8:15 840.05 -23.13 840.05 840.05 863.19 840.05 NICKEL (spot) 8:15 837.56 -23.04 837.56 837.56 860.60 837.56 837.56 TIN (3-mo) 8:15 1042.1 -12.25 1042.1 1042.1 1054.4 1042.1 TIN (spot) 8:15 1044.4 -9.07 1044.4 1044.4 1053.5 1044.4 1044.4 ZINC (3-mo) 8:15 93.89 -0.82 93.89 93.89 94.71 93.89 ZINC (spot) 8:15 93.87 -0.88 93.87 93.87 94.76 93.87 93.87 LME STOCKS (06-09-14) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 5,160,575 38,460 63,740 167,775 283,992 191,375 10,950 701,825 -9,800 UNCH. UNCH. -150 -324 +1,000 +65 +1,450 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Jun' 14 8:11 303.75 -5.35 309.05/303.75 309.10 309.05 COPPER Jul' 14 8:15 303.75 -5.30 309.40/302.60 309.05 309.25 COPPER Sep' 14 8:15 303.65 -5.20 309.00/302.50 308.85 309.00 GOLD Aug' 14 8:15 1253.9 +0.60 1256.9/1251.4 1253.3 1253.7 SILVER Jul' 14 8:15 19.055 -0.028 19.150/18.995 19.083 19.040 PLATINUM Jul' 14 8:15 1450.2 +5.10 1455.9/1442.9 1445.1 1447.8 PALLADIUM Sep' 14 8:15 842.95 +3.50 842.95/838.30 839.45 839.70 STOCKS: Cu 16,440 +45 Gold 8,265,765 UNCH. Silver 175,654,477 -91,159 COPPER SCRAP 06-06-14 PRECIOUS METAL 06-05- 14 CURRENCY 8:00 #1 bare bright 301.00 H&H Gold: 1252.50 US$=EURO 0.7332 #1 burnt 296.00 H&H Silver: 19.070 US$=MPES 12.8565 US$=CAN 1.092 #2 refinery 277.00 Engelhrd: Pt 1445 Pd 848US$=B£ 0.5944 US$=J¥ 102.345 WEAK OPENING FOR METALS BEFORE U.S. EMPLOYMENT DATA, CHINESE INVESTIGATION Base metals opened Friday's trading with losses across the board. Traders remain hesitant to invest ahead of the U.S. non-farm payroll report, due out 8:30 EST, which economists predict will show an increase of 210,000 jobs over the course of May. Also contributing to this feeling of caution, Chinese authorities are currently investigating allegations of fraudulently inflated metal inventories in the port of Qingdao. This not only indicates that China's demand for metals may have been overstated, but has also led to fears that Chinese companies may sell off their metal stocks, flooding the market. This was enough to give copper a negative opening, with Comex July and London benchmark starting the day at respective levels of $3.0925/lb and $6,785/mt. Red metal prices received little support from supply concerns as major U.S. mining company Newmont Mining Corp halted production in its Indonesian facilities in response to an export tax. Aluminum also slipped ahead of this morning's employment report. The start of trading saw its LME three-month below yesterday at $1,845/mt. Additionally, nickel was unable to extend yesterday's closing gains into this morning's sessions. London futures nickel opened at $19,090/mt, representing a loss from Thursday. ═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2014, All rights Reserved.

20140606AM

Embed Size (px)

Citation preview

PEONY ONLINE, INC. MORNING MARKET REPORT FRI JUN 06, 2014═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════Contract(US$/mt) Time Last +/- High Low Prev_Cls Open SettleALUMINUM (3-mo) 8:15 1838 -12 1838 1838 1850 1838ALUMINUM (spot) 8:15 1817 -7.3 1817 1817 1824.3 1817 1817N_A_ALLOY(3-mo) 8:15 2300 -90 2300 2300 2390 2300N_A_ALLOY(spot) 8:15 2295 -92 2295 2295 2387 2295 2295AL_ALLOY (3-mo) 8:15 1970 -20 1970 1970 1990 1970AL_ALLOY (spot) 8:15 1970 -20 1970 1970 1990 1970 1970COPPER (3-mo) 8:15 6656 -124 6656 6656 6780 6656COPPER (spot) 8:15 6660.5 -142.5 6660.5 6660.5 6803 6660.5 6660.5LEAD (3-mo) 8:15 2084 -24.5 2084 2084 2108.5 2084LEAD (spot) 8:15 2063 -23.3 2063 2063 2086.3 2063 2063NICKEL (3-mo) 8:15 18520 -510 18520 18520 19030 18520NICKEL (spot) 8:15 18465 -508 18465 18465 18973 18465 18465TIN (3-mo) 8:15 22975 -270 22975 22975 23245 22975TIN (spot) 8:15 23025 -200 23025 23025 23225 23025 23025ZINC (3-mo) 8:15 2070 -18 2070 2070 2088 2070ZINC (spot) 8:15 2069.5 -19.5 2069.5 2069.5 2089 2069.5 2069.5Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open SettleALUMINUM (3-mo) 8:15 83.37 -0.54 83.37 83.37 83.91 83.37ALUMINUM (spot) 8:15 82.42 -0.33 82.42 82.42 82.75 82.42 82.42N_A_ALLOY(3-mo) 8:15 104.33 -4.08 104.33 104.33 108.41 104.33N_A_ALLOY(spot) 8:15 104.10 -4.17 104.10 104.10 108.27 104.10 104.10AL_ALLOY (3-mo) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36AL_ALLOY (spot) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36 89.36COPPER (3-mo) 8:15 301.91 -5.62 301.91 301.91 307.54 301.91COPPER (spot) 8:15 302.12 -6.46 302.12 302.12 308.58 302.12 302.12LEAD (3-mo) 8:15 94.53 -1.11 94.53 94.53 95.64 94.53LEAD (spot) 8:15 93.58 -1.06 93.58 93.58 94.63 93.58 93.58NICKEL (3-mo) 8:15 840.05 -23.13 840.05 840.05 863.19 840.05NICKEL (spot) 8:15 837.56 -23.04 837.56 837.56 860.60 837.56 837.56TIN (3-mo) 8:15 1042.1 -12.25 1042.1 1042.1 1054.4 1042.1TIN (spot) 8:15 1044.4 -9.07 1044.4 1044.4 1053.5 1044.4 1044.4ZINC (3-mo) 8:15 93.89 -0.82 93.89 93.89 94.71 93.89ZINC (spot) 8:15 93.87 -0.88 93.87 93.87 94.76 93.87 93.87 LME STOCKS (06-09-14) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 5,160,575 38,460 63,740 167,775 283,992 191,375 10,950 701,825 -9,800 UNCH. UNCH. -150 -324 +1,000 +65 +1,450════════════════════════════════ COMEX/NYMEX ════════════════════════════════Contract Time Last +/- High/Low Prev_Cls Open SettleCOPPER Jun' 14 8:11 303.75 -5.35 309.05/303.75 309.10 309.05COPPER Jul' 14 8:15 303.75 -5.30 309.40/302.60 309.05 309.25COPPER Sep' 14 8:15 303.65 -5.20 309.00/302.50 308.85 309.00GOLD Aug' 14 8:15 1253.9 +0.60 1256.9/1251.4 1253.3 1253.7SILVER Jul' 14 8:15 19.055 -0.028 19.150/18.995 19.083 19.040PLATINUM Jul' 14 8:15 1450.2 +5.10 1455.9/1442.9 1445.1 1447.8PALLADIUM Sep' 14 8:15 842.95 +3.50 842.95/838.30 839.45 839.70STOCKS: Cu 16,440 +45 Gold 8,265,765 UNCH. Silver 175,654,477 -91,159COPPER SCRAP 06-06-14 PRECIOUS METAL 06-05-14 CURRENCY 8:00 #1 bare bright 301.00│H&H Gold: 1252.50 │US$=EURO 0.7332#1 burnt 296.00│H&H Silver: 19.070 │US$=MPES 12.8565 US$=CAN 1.092#2 refinery 277.00│Engelhrd: Pt 1445 Pd 848│US$=B£ 0.5944 US$=J¥ 102.345 WEAK OPENING FOR METALS BEFORE U.S. EMPLOYMENT DATA, CHINESE INVESTIGATION Base metals opened Friday's trading with losses across the board. Tradersremain hesitant to invest ahead of the U.S. non-farm payroll report, due out8:30 EST, which economists predict will show an increase of 210,000 jobs overthe course of May. Also contributing to this feeling of caution, Chineseauthorities are currently investigating allegations of fraudulently inflatedmetal inventories in the port of Qingdao. This not only indicates that China'sdemand for metals may have been overstated, but has also led to fears thatChinese companies may sell off their metal stocks, flooding the market. This was enough to give copper a negative opening, with Comex July and Londonbenchmark starting the day at respective levels of $3.0925/lb and $6,785/mt.Red metal prices received little support from supply concerns as major U.S.mining company Newmont Mining Corp halted production in its Indonesianfacilities in response to an export tax. Aluminum also slipped ahead of this morning's employment report. The start oftrading saw its LME three-month below yesterday at $1,845/mt. Additionally, nickel was unable to extend yesterday's closing gains into thismorning's sessions. London futures nickel opened at $19,090/mt, representing aloss from Thursday.═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2014, All rights Reserved.