Connecting clients to energy, commodity and financial markets

3 August, 2022 15:16

Out today is the July release of our SAVANT geospatial platform readings, which shows global #copper and #nickel smelting activities falling in July, with China copper smelting back at February lows, and global nickel smelting back to all time SAVANT lows. https://t.co/XhNN0qJDUe https://t.co/H8k9Falb8Y

2 August, 2022 11:04

Since making the $18,230 low on 15 July, #nickel has rallied $6970 or 38% to yesterday’s high of $25,200. The largest % bounce of all the metals. #AlMunro #LMEdesk

1 August, 2022 08:36

Looking at our spec positioning across #LME base #metals, as of last Thurs shorts in general reduced significantly across the 6 tracked base metals on the LME, although we note market still being short overall especially on #copper & #tin. https://t.co/NrWE48lZRc