Metals & Industrial Prices Update

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Metals & Industrial Prices Update

Postby NC+ » Sat Feb 25, 2017 10:11 am

Weekly Metal Prices Update - 25/2/2017

Closing price:
Gold - @ $ 1256.9
Silver - @ $ 18.34
Copper - @ $ 5919.2
Aluminium - @ $ 1887.2

YTD Metal Prices Update - 25/2/2017

Gold - YTD up by USD 105.9, YTD 9.2% up
Silver - YTD up by USD 2.33, YTD 14.55% up
Copper - YTD up by USD 432, YTD 7.87% up
Aluminium - YTD up by USD 201, YTD 11.91% up

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Re: Metal Prices Update

Postby future123 » Sat Feb 25, 2017 11:47 am

Thanks NC. Can I add rubber prices to this?

The rubber prices fell in Bangkok. On 01/02/2017 it was Bht 19,461 and on 24/02/2017 it was Bht 16922. A decline of Bht 2,539 (13%).

http://rubberboard.org.in/internationalrubberprice.asp

This is very good for REXP.

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Re: Metal Prices Update

Postby NC+ » Sat Feb 25, 2017 3:52 pm

future123 wrote:Thanks NC. Can I add rubber prices to this?

The rubber prices fell in Bangkok. On 01/02/2017 it was Bht 19,461 and on 24/02/2017 it was Bht 16922. A decline of Bht 2,539 (13%).

http://rubberboard.org.in/internationalrubberprice.asp

This is very good for REXP.

Thats good, seems so far its the only we've missing; the agriculture side.. so, Future 123 how about starting a new thread " Agricultural prices update"..? :ymhug:
I mean, including Tea, Rubber, Palm Oil, Cotton etc. Its good if you can start a separate thread on agriculture and updating it if you can.. :ymhug:
Index mundi (http://www.indexmundi.com/commodities/? ... &months=12)updates monthly. But its better if we can find weekly source with charts.
You can also get local auction prices from sri lanka rubber/tea development board..
http://www.pureceylontea.com/index.php/ ... Itemid=397
http://www.rubberdev.gov.lk/web/index.php?lang=en
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Re: Metal Prices Update

Postby NC+ » Sat Mar 04, 2017 12:45 pm

Weekly Metal Prices Update - 4/3/2017

Compared to last week closing price:
Gold - @ $ 1225.5, Dropped by USD 31.4, (2.5% drop)
Silver - @ $ 18.34, Dropped by USD 0.65, (3.54% drop)
Copper - @ $ 5919.2, Up by USD 22.3, (0.38% up)
Aluminium - @ $ 1887.2, Up by USD 3.5, (0.19% up)

YTD Metal Prices Update - 4/3/2017

Gold - YTD up by USD 74.5, YTD 6.7% up
Silver - YTD up by USD 1.68, YTD 11.01% up
Copper - YTD up by USD 454.3, YTD 8.25% up
Aluminium - YTD up by USD 204.5, YTD 12.1% up

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Re: Metal Prices Update

Postby NC+ » Sun Mar 12, 2017 8:48 am

Weekly Metal Prices Update - 12/3/2017
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Re: Metal Prices Update

Postby NC+ » Sat Mar 18, 2017 5:56 pm

Weekly Metal Prices Update - 18/3/2017

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Re: Metal Prices Update

Postby NC+ » Sat Mar 25, 2017 2:06 pm

Weekly Metal Prices Update - 25/3/2017
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Re: Metal Prices Update

Postby NC+ » Thu Mar 30, 2017 10:30 am

METALS-Copper hits two-week low after Trump setback on healthcare reform

*Copper down 0.7 pct at $5,760 after touching $5,671

* Weaker dollar could yet provide price support

* Nickel falls as supply worries recede (Adds closing prices)

By Pratima Desai

LONDON, March 27 Copper slid to a two-week low on Monday as funds cut bets on higher prices after U.S. President Donald Trump's failure to push through healthcare reform fuelled concern about his ability to implement his economic policies.

Benchmark copper on the London Metal Exchange ended 0.7 percent down at $5,760 a tonne, having touched $5,671, its lowest since March 9.

"Trump's election was seen as good for markets, but he is now being seen as potentially less effective than people were thinking," said SP Angel analyst John Meyer.

"His failure on Obamacare has created uncertainty about whether he can push his policies through Congress."

* U.S. HEALTHCARE: Trump suffered a political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul the U.S. healthcare system.

* DOLLAR: A weaker dollar, at four-month lows against a basket of currencies, could yet support prices because it makes dollar-denominated metals cheaper for holders of other currencies.

* TECHNICALS: A closing copper price below the 100-day moving average around $5,749 could prompt further losses.

* ESCONDIDA: The union at Chile's Escondida copper mine has ended its 43-day strike by invoking a legal provision to extend workers' old contract by 18 months, leaving owner BHP Billiton in a weaker position for future negotiations. * ZINC: The market focus is on New Orleans, warehouses' on-warrant stocks have dropped to 183,800 tonnes after a further 21,300 tonnes of cancellations or metal earmarked for delivery. MZNSTX-TOTAL On-warrant zinc stocks -- metal available to the market -- have fallen 42 percent this year to the lowest levels since November 2008.

* NICKEL: Receding worries about supply shortages saw nickel close 1 percent down at $9,770 a tonne, having touched $9,655, its lowest since Jan. 30.

* OTHER METALS: Aluminium ended 0.5 percent lower at $1,930 a tonne, zinc ceded 2.5 percent to $2,760 and lead lost 2.4 percent to $2,297. Tin was untraded at the close but bid down 1.8 percent to $19,500.

* LME/SHFE ARBITRAGE: LME copper trading was at a 313 yuan premium to prices on the Shanghai Futures Exchange at 1701 GMT, aluminium was at a 1,760 yuan discount, zinc a 75 yuan premium, lead at a 1,630 yuan discount and nickel at a 2,647 yuan premium.
http://www.reuters.com/article/global-m ... SL3N1H42W9
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Re: Metal Prices Update

Postby SHARK » Thu Mar 30, 2017 9:18 pm

Gold will Push towards 1290/-YSD/Oz
Meaning Dollar would be weaker....... Not immediate but L/T view at least 2019/20
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Re: Metal Prices Update

Postby NC+ » Sat Apr 01, 2017 10:14 am

Weekly Metal Prices Update - 1/4/2017

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Re: Metal Prices Update

Postby topcat » Sat Apr 01, 2017 9:26 pm

Thanks NC. Aluminium and copper prices are rising. So aluminium and cable sector profit may decline. Alum aluf acl kcab sira may be affected. Am I correct?
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Re: Metal Prices Update

Postby GB » Sun Apr 02, 2017 12:09 pm

ALUF - Gahen watuna minihata gonath ani wagei...

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Re: Metal Prices Update

Postby NC+ » Sun Apr 02, 2017 2:15 pm

Profitability can be affected due to price and USD, but as there's no control price it could pass to customers I think.
In price hike market leader wins. Hence ALUM is the market leader in aluminum they have higher economies of scale over other players, so in any situation Alum got competitive advantages in my view. But I didn't studied other counters. However, as there're no or less substitutes for Aluminum & Copper customers have to bear it (especially copper)... I do not know who is the market leader in cable industry.. KCAB ??
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Re: Metal Prices Update

Postby NC+ » Mon Apr 03, 2017 3:48 pm

චීනයට ලෝහ පස් ගෙන යමින් තිබූ'ස්ටේලා ඩේසි' ගිලී ගියේ ඇයි ?

දකුණු අත්ලාන්තික් සාගරයේ ගිලී ගිය දකුණු කොරියානු නැවේ සිටි කාර්ය මණ්ඩල සාමාජිකයින් සොයාගැනීම තරමක ප්‍රගතියක් අත්කරගෙන ඇති බව ගලවාගැනීමේ කණ්ඩායම් පවසති.
පසුගිය සිකුරාදා සාගරය මැද බිදීගිය 'ස්ටේලා ඩේසි' නම්වූ නෞකාවේ කාර්ය මණ්ඩලයෙන් දෙදෙනෙකු පමණක් මේ වනවිට බේරාගෙන ඇත.
එහෙත් එතැන් සිට මේ දක්වා හමුවී ඇත්තේ ඉහිරීගිය ඉන්ධන, සුන්බුන් හා හිස් ජීවිතාරක්ෂක බෝට්ටු කිහිපයක් පමණක් බව දකුණු කොරියානු රජය යෝන්හැප් පුවත් ආයතනයට පවසා ඇත.
දකුණු කොරියාවේ පොලරිස් ෂිපින් ආයතනයට අයත්, මාර්ෂල් දිවයින් ධජය යටතේ යාත්‍රා කළ එම සුවිසල් නැව බ්‍රසීලයේ සිට චීනය දක්වා යකඩ අඩංගු ලෝහ පස් ටොන් 260,000ක් ප්‍රවාහනය කරමින් තිබිණි.
අවසාන වරට නැවෙන් ලද පණිවිඩය වුයේ එය අනතුරට ලක්ව ඇති බව දන්වමින් කොරියානු නැව් සමාගමට කාර්ය මණ්ඩල සාමාජිකයෙකු යවනු ලැබ ඇති කෙටි පණිවිඩයකි.
නැව කොටස් දෙකකට බැදී ගිලී ගොස් ඇත.
පසුගිය සෙනසුරාදා දිවි බේරාගත් පිලිපීන නාවිකයින් දෙදෙනා උරුගුවේ බලධාරීන්ට දන්වා ඇත්තේ, නැව තුළට ජලය කාන්දුවන අතර නැව බිදී යන බවට එහි කපිතාන්වරයා කාර්ය මණ්ඩලයට අනතුරු ඇඟවූ බවය.
එහෙත් 'ස්ටේලාර් ඩේසි' නව මෙවැනි අසීරු තත්වයකට පත්වුයේ ඇයිද යන්න පැහැදිලි නැති බව කී උරුගුවේ නාවික හමුදා ප්‍රකාශකවරයා, "එය යාත්‍රා කරන්නට අසීරු දවසක් වී තිබුනේ නැහැ" යැයි පෙන්වා දුණි.
http://www.bbc.com/sinhala/world-394781 ... w_facebook
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Re: Metal Prices Update

Postby topcat » Mon Apr 03, 2017 7:35 pm

This is a very useful thread NC. Can someone list out what are the companies in CSE affect with these commodities ?

aluminium: alum,aluf,lalu
copper: acl, kcab, sira
rubber:
cotton:
crude oil:
palm oil:
iron:
gold:
silver:
grains:
??? etc..
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Re: Metal Prices Update

Postby newer1 » Mon Apr 03, 2017 7:40 pm

Al- parq also
Rubber- KGAL, NAMU, BALANGODA, WATA, ELPL, AGAL
Palm oil- ELPL, NAMU, WATA, AGAL( lesser amount)
Grains- GRAN, TAFL
Cotton- TJL, MGT
Last edited by newer1 on Mon Apr 03, 2017 8:06 pm, edited 2 times in total.
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Re: Metal Prices Update

Postby topcat » Mon Apr 03, 2017 7:45 pm

thanks newer. so when rubber prices up it's good for kgal, namu. isn't it? what about rexp? vise versa?
elpl and namu, are they producing palm oils?
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Re: Metal Prices Update

Postby newer1 » Mon Apr 03, 2017 8:11 pm

Yes topcat. See above list. REXP profit also can go up as they export mainly rubber products.
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Re: Metal Prices Update

Postby SHARK » Mon Apr 03, 2017 8:19 pm

NC+ wrote:Profitability can be affected due to price and USD, but as there's no control price it could pass to customers I think.
In price hike market leader wins. Hence ALUM is the market leader in aluminum they have higher economies of scale over other players, so in any situation Alum got competitive advantages in my view. But I didn't studied other counters. However, as there're no or less substitutes for Aluminum & Copper customers have to bear it (especially copper)... I do not know who is the market leader in cable industry.. KCAB ??


From Listed ... Its ACL
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Re: Metal Prices Update

Postby topcat » Mon Apr 03, 2017 8:23 pm

newer1 wrote:Yes topcat. See above list. REXP profit also can go up as they export mainly rubber products.

But they use rubber as raw material. So price up means production cost high. Am I correct?
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Re: Metal Prices Update

Postby SHARK » Mon Apr 03, 2017 8:45 pm

Not necessarily, they are working on cost efficiency... so we should carefully assess the reports.....
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Re: Metal Prices Update

Postby topcat » Tue Apr 04, 2017 5:39 am

SHARK wrote:Not necessarily, they are working on cost efficiency... so we should carefully assess the reports.....

True shark. But It should have some effect. For educational purpose I want to know companies affected with changes in commodity prices. .
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Re: Metal Prices Update

Postby NC+ » Tue Apr 04, 2017 6:33 am

Thanks Shark, till ACL is a winner we don't have to worry about APLA.. :D
Crude oil: LIOC, APLA, LLUB, TKYO (indirect) (it could be affect on overall economy if pricing equation came in; on inflation, especially manufacturing, Logistics, Constructions etc)
Iron: Construction, Property development
Gold: Pawning (Banks & Finance)
Since all metals & Crude oil are imported to country, it affect on current account/BOP/pressure on reserves, that's the most concern in the current scenario, but favorable on plantation sector...

(reason editing: forget LLUB)
Last edited by NC+ on Tue Apr 04, 2017 9:50 am, edited 2 times in total.
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Re: Metal Prices Update

Postby topcat » Tue Apr 04, 2017 7:30 am

Thanks NC. Why metals and crude oil increase good for plantation sector? Sorry if I am asking silly questions..
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Re: Metal Prices Update

Postby NC+ » Tue Apr 04, 2017 9:04 am

Not metal. Energy is the most important factor; the crude oil, Huge energy is needed for metals extraction and cement (I added Tkyo too, sorry I forgot it), glass manufacturing processes. Plantation sector especially our main Tea market at Russia and Middle East, and their main source of income is crude oil. Rubber market fluctuates according with synthetic rubber (bi-product of crude oil), and palm oil also use for preparing of bio-fuels..
Its the correlation :)
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