Base metals, known for their abundant availability and affordability, play a significant role in various industries. Unlike precious metals such as gold and silver, base metals are easier to mine and are traded extensively on exchanges like the London Metal Exchange (LME) and the Multi Commodity Exchange (MCX). Some of the most commonly traded base … Read more
Base metals prices retreated from their January highs as Chinese economic woes threatened the demand from the world’s largest commodity consumer. Fears of excess supplies and the US Fed’s rate hike policies also added pressure on prices throughout the period. In the benchmark LME platform, prices of the most used industrial commodities like copper and … Read more
Metals are a key barometer of any country’s economic growth and countries have taken many measures to facilitate the growth and efficiency of metal markets. While trading volume of commodity derivatives has grown at a rapid pace in India, liquidity has remained largely limited to the near-month contracts. The low volume of the long-term contracts … Read more