By the end of the daytime trading session on Friday, the most-traded nickel contract for May delivery had fallen by 6 per cent from a week earlier to end at RMB 132,330 per tonne (USD 19,069.8 per tonne). Meanwhile, the most-traded March aluminium and copper contracts had dropped by 5.1 per cent a ...
Futures: Last Friday, SHFE aluminium night session closed at RMB 23,585 per tonne, up 0.98 per cent, fluctuating rangebound during the session. The price traded below the short-term moving averages, MA5 (23,610) and MA10 (24,118), under short-term pressure, but remained above the long-term MA60 ( ...
A surge in intra-African trade is reshaping West Africa’s industrial outlook. Data from the Nigeria Customs Service shows that Nigeria’s exports to other African markets rose by 14 per cent to NGN 4.82 trillion (USD 3.4 billion), with over 60 per cent flowing into West Africa. Ghana's 24-hour econ ...
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