Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.

[Ferro-Alloys.com]This week, LME prices wondered around US$10000, down-adjusted as a whole mainly affected by global economic uncertainties. In September 24, LME closed at US$9910/mt and its nickel stockpile in London Metal Exchange rebounded to 450,000 metric...

[Ferro-alloys.com]This week, LME-listed nickel commodity prices fluctuated between $9900-10500/mt. On Sep 14th, affected by China Stock Market’s deep downturn, nickel prices slip to almost $9870/mt, down 3.74% as a whole and then wandered around $10000/mt. Be...

This week, affected by China Stock Market’s turbulence and surrounding economic climate, LME nickel market showed a long-anticipated rebound. In Sep 8th, LME nickel price advanced by 2.99% to U$9995 and in Sep 10th raised by 3.85% to U$10385. Meanwhile, nicke...

The contraction in base metal prices and related commodities, which have shown a declining trend since 2013, has accelerated in recent months thanks to a culmination of macro and industry-specific factors, prompting risk management firm Moody’s Investors Serv...

[Ferro-Alloys.com] Last month, affected by global economical turbulence, LME nickel price fluctuated fiercely and decreased. Until 28 August, nickel price closed at $10060 per ton, down $1220 per ton month on month and down $8740 per ton year on year.

After a bounce-back in metal prices in July, the recent decline has taken the market aback. The threat of a China-led global economic slowdown is adding to the bearish outlook for metals.

Most metals, from copper to aluminum fell again Friday and were heading for their worst week of the year in early trading after data showed Chinese factory activity shrinking at the fastest pace since 2009.