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CASE STUDY: PEONY ONLINE
Overview:
In 2012, I started working for Peony Online, a pricing information service for buyers and
sellers of scrap metals (exporters, smelters, recyclers, etc.) in the customer service and
reporting capacities. Peony is the widest reaching news service in the scrap metal industry,
with over 2,000 subscribers in North America in addition to a few dozen overseas.
Subscribers are informed of the latest available pricing information with verified price quotes
from scrap buyers and sellers in the daily Consumer/Broker/Exporter Report and Instant
Quote database (like Craig’s List) as well as thrice-daily market reports on the LME/Comex
metals commodities markets.
Issue:
Peony Online provides financial information via the internet to an audience of professional
scrap metal buyers and sellers. With all due respect to the good people making an honest
living in this noble industry, scrap metal professionals are not typically the most financially
or web savvy demographic. As both the primary writer of Peony’s thrice-daily market reports
and the director of engagement, I have to make such topics not only relevant but
comprehensible to an audience that finds these fields foreign to the point of being
extraterrestrial.
Solution:
The metals commodity market reports are, as stated above, written three times daily: morning
at 8:20am, midday at 11:40am and afternoon at 2:00pm. Each report includes an article in its
bottom section, is composed under tight time constraints, about 20 minutes from start to
finish, and must be completely different from that day’s other reports, even on a slow news
day when, over the course of eight hours, the most significant news comes from copper
moving one-eighth of one cent for no discernable reason (or on a busy news day, which
could present the different-but-equal challenge of paring down a series of major stories into
one-third of a page). All this must be completed before a strict deadline, while keeping in
mind that the article might have to be entirely overhauled if the metals market shifts at the
last minute (as it does at least twice a week) and that one typo could lead to a lawsuit.
As you’ll see in the samples provided in the following pages of this PDF, writing an article of
Plain English prose following nothing but raw financial data (that not only leads the report
but takes up triple the amount of space) can be a challenge. Add to this the fact that the
article needs to attract the attention of a non-financial audience (a group in which I’d include
myself) who might be turned off, if not intimidated, by the extensive numbers that cover the
vast majority of the page.
In writing the article, I always lead with the general trend in metals commodities trading in
both the headline and opening paragraph. I then mention the factors influencing this and, if
necessary, go into a little (but not too much) detail as to what those factors may be. This may
sound simple, but keep in mind: this is international economic news for people whose
primary interest is the buying and selling of scrap metals; on a regular basis I’m explaining
why the Chinese equity market closing with a 0.1% loss means that an exporter in Manitoba
will have to sell a truckload of copper for $50 less per metric ton than he would have twenty
minutes earlier (and that’s not an exaggeration, by the way). Also, again, it’s important for
the news section of the report not to take up too much room, even on a busy news day, as our
readers are more interested in their economic future than Chilean mining officials hinting that
they might be considering cosponsoring a minor infrastructure overhaul (I know, I thought
that was weird, too).
In the remainder of the article, I write about specific metal contracts, almost always leading
with copper, as that is the world’s most frequently bought industrial metal. Each paragraph
will focus on one specific metal, its trend during that session of the day, the factors that
influence that specific metal (e.g. copper prices often rise when the U.S. dollar weakens
against foreign currencies, aluminum’s cash value tends to rise and fall in tandem with that of
crude oil, etc.) and where, based on the available information, its price may be headed in the
near future.
Since their introduction, the market reports have become one of the more popular features of
Peony’s metals commodities news services. They are designed for people who are either not
computer people or do not get to spend much time in the office. In fact, their format is the
same as when they were primarily faxed to subscribers, Peony’s audience has become so
accustomed to this that (and I’m not making this up) even a font change can result in a
backlash of New-Coke-ian proportions. A major reason why each session’s report is
condensed into a single page is so that readers can have their receptionists print them out,
then put them their pockets and look them over at their own convenience, then be caught up
in the all the new developments in metals pricing.
Much of our reader-base subscribes to our metals commodities website, which features
several more extensive sections, solely to read our three market reports. Since, again, people
in the scrap metal business are not always the most tech savvy, I often find myself explaining
how to load our website (“it’s ‘metal exchange direct dot com’,… no, not ‘metal exchange
dot com’…”) log in and load our reports. This can take time, especially when speaking to
subscribers unfamiliar with Google (Scout’s Honor, I couldn’t make that up if I tried), but
I’m patient and make sure to break everything down to a simple step-by-step process.
Ultimately, while it can at times be difficult, I find breaking down complex messaging into
short and sweet prose to be a rewarding challenge and perhaps the skill I’ve most enjoyed
sharpening in my professional and academic life.
PEONY ONLINE, INC. AFTERNOON MARKET REPORT WED NOV 18, 2015
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 1472 -2 1477 1472 1474 1474 1472
ALUMINUM (spot) 14:05 1455.8 -1.5 1460.5 1454 1457.3 1454 1455.8
N_A_ALLOY(3-mo) 14:05 1710 +5 1720 1710 1705 1715 1710
N_A_ALLOY(spot) 14:05 1702 +9 1712 1702 1693 1708 1702
AL_ALLOY (3-mo) 14:05 1600 +5 1600 1595 1595 1595 1600
AL_ALLOY (spot) 14:05 1595.5 +5.5 1595.5 1590.5 1590 1585 1595.5
COPPER (3-mo) 14:05 4611 -73 4660 4611 4684 4660 4611
COPPER (spot) 14:05 4633.3 -65.7 4669 4633.3 4699 4669 4633.3
LEAD (3-mo) 14:05 1590 -5 1590 1583 1595 1585 1590
LEAD (spot) 14:05 1580.3 -5.2 1580.3 1573.5 1585.5 1573.5 1580.3
NICKEL (3-mo) 14:05 8980 -125 9100 8980 9105 9025 8980
NICKEL (spot) 14:05 8939.5 -128.5 9060 8939.5 9068 8955 8939.5
TIN (3-mo) 14:05 14600 -100 14675 14600 14700 14675 14600
TIN (spot) 14:05 14610 -105 14660 14610 14715 14660 14610
ZINC (3-mo) 14:05 1517 -31 1533.5 1517 1548 1533.5 1517
ZINC (spot) 14:05 1495.3 -31.2 1511.5 1495.3 1526.5 1511.5 1495.3
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 66.77 -0.09 67.00 66.77 66.86 66.86 66.77
ALUMINUM (spot) 14:05 66.03 -0.07 66.25 65.95 66.10 65.95 66.03
N_A_ALLOY(3-mo) 14:05 77.56 +0.23 78.02 77.56 77.34 77.79 77.56
N_A_ALLOY(spot) 14:05 77.20 +0.41 77.66 77.20 76.79 77.47 77.20
AL_ALLOY (3-mo) 14:05 72.57 +0.23 72.57 72.35 72.35 72.35 72.57
AL_ALLOY (spot) 14:05 72.37 +0.25 72.37 72.14 72.12 71.89 72.37
COPPER (3-mo) 14:05 209.15 -3.31 211.37 209.15 212.46 211.37 209.15
COPPER (spot) 14:05 210.16 -2.98 211.78 210.16 213.14 211.78 210.16
LEAD (3-mo) 14:05 72.12 -0.23 72.12 71.80 72.35 71.89 72.12
LEAD (spot) 14:05 71.68 -0.24 71.68 71.37 71.92 71.37 71.68
NICKEL (3-mo) 14:05 407.33 -5.67 412.77 407.33 413.00 409.37 407.33
NICKEL (spot) 14:05 405.49 -5.83 410.96 405.49 411.32 406.19 405.49
TIN (3-mo) 14:05 662.25 -4.54 665.65 662.25 666.78 665.65 662.25
TIN (spot) 14:05 662.70 -4.76 664.97 662.70 667.46 664.97 662.70
ZINC (3-mo) 14:05 68.81 -1.41 69.56 68.81 70.22 69.56 68.81
ZINC (spot) 14:05 67.83 -1.42 68.56 67.83 69.24 68.56 67.83
LME STOCKS (11-18-15) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
2,960,900 12,440 45,960 255,275 415,884 134,025 5,295 553,750
-8,000 UNCH. -120 -3,225 +2,928 -200 -170 -1,550
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Nov' 15 13:10 207.80 -2.75 209.05/207.80 210.55 208.85 207.80
COPPER Dec' 15 13:10 207.80 -2.60 210.25/206.70 210.40 209.45 207.80
COPPER Mar' 16 13:10 208.30 -2.85 210.95/207.40 211.15 210.05 208.30
GOLD Dec' 15 13:51 1068.7 +0.10 1071.5/1062.0 1068.6 1070.2 1068.7
SILVER Dec' 15 13:49 14.081 -0.090 14.210/13.990 14.171 14.145 14.081
PLATINUM Jan' 16 13:23 848.0 -7.00 857.1/ 846.1 855.0 854.3 848.0
PALLADIUM Dec' 15 13:22 532.05 -14.45 551.35/527.50 546.50 543.15 532.05
CRUDE OIL Dec' 15 13:52 40.46 -0.21 41.55/ 39.91 40.67 41.11
STOCKS: Cu 65,528 +982 Gold 6,590,057 -155,992 Silver 161,580,689 -30,220
COPPER SCRAP 11-18-15 PRECIOUS METAL 11-18-15 13:52 DJ 17612 +123 NAS 5034 +48
#1 bare bright 204.00│H&H Gold: 1067.75 │CURRENCY 13:52 US$=EURO 0.9399
#1 burnt 199.00│H&H Silver: 14.070 │US$=MPES 16.7679 US$=CAN 1.3354
#2 refinery 180.00│Engelhard:Pt 846 Pd 547 │US$=B£ 0.6569 US$=J¥ 123.52
BASE METALS MOSTLY DOWN; TRADERS AWAIT THIS AFTERNOON'S U.S. FED MINUTES
The latest in a seemingly endless series of disappointing Chinese reports
confined most metals to finish in the red, with a few contracts even sinking to
fresh multi-year lows. Additionally, economic news from the U.S. further
bolstered the greenback and intensified speculation that the Federal Reserve will
increase interest rates soon, factors that will make upward traction difficult in
the near term. Investors are now looking to this afternoon, when the U.S. FOMC's
minutes are to be released, for further clues about their next steps.
On top of the aforementioned news reports, red metal contracts were further
weighed down by announcements that major Chilean producer Codelco had no
intention to reduce its output. Because many investors hoped that more producers
would announce cutbacks, this dealt copper a severe blow, leaving Comex December
futures to close at its lowest level in six-and-a-half years, $2.078/lb, while
London benchmark copper barely sustained $4,600/mt support.
Nickel also endured a major hit by both today's market sentiment and short-
selling, closing below $9,000/mt for the first time in seven years.
Even aluminum, which showed some modest resilience, ultimately succumbed to the
downside, and will have trouble recovering $1,500/mt resistance.
═════════════════════════════════════════════════════════════════════════════
Copyright © Peony Online, Inc., 2015, All Rights Reserved.
PEONY ONLINE, INC. MIDDAY MARKET REPORT FRI OCT 30, 2015
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 12:18 1478 +8 1479 1478 1470 1479 1478
ALUMINUM (spot) 12:18 1448 +8.2 1448 1447.5 1439.8 1447.5 1448
N_A_ALLOY(3-mo) 12:18 1690 +5 1690 1690 1685 1690 1690
N_A_ALLOY(spot) 12:18 1672 +5 1675 1672 1667 1675 1672
AL_ALLOY (3-mo) 12:18 1620 -25 1620 1620 1645 1620 1620
AL_ALLOY (spot) 12:18 1615 -25 1615 1610 1640 1610 1615
COPPER (3-mo) 12:18 5120 -10 5120 5116 5130 5116 5120
COPPER (spot) 12:18 5136 -6.5 5136 5135.5 5142.5 5135.5 5136
LEAD (3-mo) 12:18 1698 -14 1699 1698 1712 1699 1698
LEAD (spot) 12:18 1683 -14.3 1683 1681 1697.3 1681 1683
NICKEL (3-mo) 12:18 10150 -225 10150 10145 10375 10145 10150
NICKEL (spot) 12:18 10140 -224 10140 10135 10364 10135 10140
TIN (3-mo) 12:18 14825 -180 15025 14825 15005 15025 14825
TIN (spot) 12:18 14835 -165 15025 14835 15000 15025 14835
ZINC (3-mo) 12:18 1694 -9 1694 1691 1703 1691 1694
ZINC (spot) 12:18 1675.5 -11.8 1675.5 1673 1687.3 1673 1675.5
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 12:18 67.04 +0.36 67.09 67.04 66.68 67.09 67.04
ALUMINUM (spot) 12:18 65.68 +0.37 65.68 65.66 65.31 65.66 65.68
N_A_ALLOY(3-mo) 12:18 76.66 +0.23 76.66 76.66 76.43 76.66 76.66
N_A_ALLOY(spot) 12:18 75.84 +0.23 75.98 75.84 75.61 75.98 75.84
AL_ALLOY (3-mo) 12:18 73.48 -1.13 73.48 73.48 74.62 73.48 73.48
AL_ALLOY (spot) 12:18 73.26 -1.13 73.26 73.03 74.39 73.03 73.26
COPPER (3-mo) 12:18 232.24 -0.45 232.24 232.06 232.69 232.06 232.24
COPPER (spot) 12:18 232.97 -0.29 232.97 232.94 233.26 232.94 232.97
LEAD (3-mo) 12:18 77.02 -0.64 77.07 77.02 77.66 77.07 77.02
LEAD (spot) 12:18 76.34 -0.65 76.34 76.25 76.99 76.25 76.34
NICKEL (3-mo) 12:18 460.40 -10.21 460.40 460.17 470.60 460.17 460.40
NICKEL (spot) 12:18 459.94 -10.16 459.94 459.72 470.10 459.72 459.94
TIN (3-mo) 12:18 672.45 -8.16 681.52 672.45 680.62 681.52 672.45
TIN (spot) 12:18 672.91 -7.48 681.52 672.91 680.39 681.52 672.91
ZINC (3-mo) 12:18 76.84 -0.41 76.84 76.70 77.25 76.70 76.84
ZINC (spot) 12:18 76.00 -0.54 76.00 75.89 76.53 75.89 76.00
LME STOCKS (10-30-15) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
3,048,100 12,280 42,900 267,775 426,030 147,550 4,990 571,450
-7,275 UNCH. -80 -2,425 -1,482 -25 -10 -1,925
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Nov' 15 12:07 230.75 -0.80 232.15/230.50 231.55 232.15
COPPER Dec' 15 12:23 231.40 -0.70 233.75/230.90 232.10 232.45
COPPER Mar' 16 12:23 232.20 -0.80 234.65/231.80 233.00 233.25
GOLD Dec' 15 12:23 1141.6 -5.70 1149.8/1138.4 1147.3 1146.6
SILVER Dec' 15 12:23 15.540 -0.010 15.655/15.475 15.550 15.600
PLATINUM Jan' 16 12:21 989.7 -3.60 1000.5/ 987.2 993.3 993.9
PALLADIUM Dec' 15 12:21 677.15 +6.35 689.95/670.30 670.80 671.10
CRUDE OIL Dec' 15 12:23 46.39 +0.33 46.61/ 45.48 46.06 45.74
STOCKS: Cu 53,016 +786 Gold 6,700,779 -2,990 Silver 162,098,556 -326,343
COPPER SCRAP 10-30-15 PRECIOUS METAL 10-30-15 12:22 DJ 17775 +20 NAS 5074 UNCH
#1 bare bright 227.00│H&H Gold: 1142.35 │CURRENCY 12:23 US$=EURO 0.9064
#1 burnt 222.00│H&H Silver: 15.565 │US$=MPES 16.5215 US$=CAN 1.3074
#2 refinery 203.00│Engelhard:Pt 992 Pd 680 │US$=B£ 0.6468 US$=J¥ 120.745
MOST BASE METALS STUCK IN THE RED FOLLOWING DOWNBEAT ASIAN EQUITIES CLOSE
Already struggling against the U.S. FOMC's remarks about a possible interest rate
hike in December, a slip in Chinese equities added further downward pressure to the
complex, confining metals to almost entirely negative regions at present.
The Shanghai Composite Index finished today's sessions with a 0.1% loss. While
this settlement certainly could have been worse, it comes on the heels of several
recent losses in Asian stocks and adds fuel to concerns about the economic standing
of the world's largest metals consumer.
Copper's sensitivity to Chinese economic news saw contracts dip to near one-month
lows. At its weakest, London benchmark copper came close to losing $5,100/mt
support and is still occupying lower regions, trading at $5,120/mt. Comex December
copper dropped to an intra-day low of $2.309/lb, but is now more sideways and could
climb to a positive close should its low price attract bargain hunters.
Aluminum is currently the major exception to the bearishness in base metals. A
slight upturn in crude oil prices boosted the market into positive territory, now
edging upward at $1,478/mt.
Zinc's weak showing of recent days is extending into present trading. However,
the market is only slightly down and could reclaim $1,700/mt support soon.
═════════════════════════════════════════════════════════════════════════════
Copyright © Peony Online, Inc., 2015, All Rights Reserved.
PEONY ONLINE, INC. AFTERNOON MARKET REPORT FRI JUN 06, 2014
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 1879 +29 1879 1838 1850 1838 1879
ALUMINUM (spot) 14:05 1856.8 +32.5 1856.8 1817 1824.3 1817 1856.8
N_A_ALLOY(3-mo) 14:05 2332.5 -57.5 2332.5 2300 2390 2300 2332.5
N_A_ALLOY(spot) 14:05 2330 -57 2330 2295 2387 2295 2330
AL_ALLOY (3-mo) 14:05 1990 UNCH. 1990 1970 1990 1970 1990
AL_ALLOY (spot) 14:05 1990 UNCH. 1990 1970 1990 1970 1990
COPPER (3-mo) 14:05 6688 -92 6690 6656 6780 6656 6688
COPPER (spot) 14:05 6696 -107 6696 6660.5 6803 6660.5 6696
LEAD (3-mo) 14:05 2109 +0.5 2109 2084 2108.5 2084 2109
LEAD (spot) 14:05 2086.8 +0.5 2086.8 2063 2086.3 2063 2086.8
NICKEL (3-mo) 14:05 18875 -155 18900 18520 19030 18520 18875
NICKEL (spot) 14:05 18810 -163 18845 18465 18973 18465 18810
TIN (3-mo) 14:05 23195 -50 23195 22975 23245 22975 23195
TIN (spot) 14:05 23173 -52 23173 23025 23225 23025 23173
ZINC (3-mo) 14:05 2104 +16 2104 2070 2088 2070 2104
ZINC (spot) 14:05 2103.3 +14.3 2103.3 2069.5 2089 2069.5 2103.3
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 85.23 +1.32 85.23 83.37 83.91 83.37 85.23
ALUMINUM (spot) 14:05 84.22 +1.47 84.22 82.42 82.75 82.42 84.22
N_A_ALLOY(3-mo) 14:05 105.80 -2.61 105.80 104.33 108.41 104.33 105.80
N_A_ALLOY(spot) 14:05 105.69 -2.59 105.69 104.10 108.27 104.10 105.69
AL_ALLOY (3-mo) 14:05 90.26 UNCH. 90.26 89.36 90.26 89.36 90.26
AL_ALLOY (spot) 14:05 90.26 UNCH. 90.26 89.36 90.26 89.36 90.26
COPPER (3-mo) 14:05 303.36 -4.17 303.45 301.91 307.54 301.91 303.36
COPPER (spot) 14:05 303.73 -4.85 303.73 302.12 308.58 302.12 303.73
LEAD (3-mo) 14:05 95.66 +0.02 95.66 94.53 95.64 94.53 95.66
LEAD (spot) 14:05 94.66 +0.02 94.66 93.58 94.63 93.58 94.66
NICKEL (3-mo) 14:05 856.16 -7.03 857.29 840.05 863.19 840.05 856.16
NICKEL (spot) 14:05 853.21 -7.39 854.80 837.56 860.60 837.56 853.21
TIN (3-mo) 14:05 1052.1 -2.27 1052.1 1042.1 1054.4 1042.1 1052.1
TIN (spot) 14:05 1051.1 -2.36 1051.1 1044.4 1053.5 1044.4 1051.1
ZINC (3-mo) 14:05 95.44 +0.73 95.44 93.89 94.71 93.89 95.44
ZINC (spot) 14:05 95.40 +0.65 95.40 93.87 94.76 93.87 95.40
LME STOCKS (06-06-14) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
5,160,575 38,460 63,740 167,775 283,992 191,375 10,950 701,825
-9,800 UNCH. UNCH. -150 -324 +1,000 +65 +1,450
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Jun' 14 13:13 305.30 -3.80 309.05/303.75 309.10 309.05 305.30
COPPER Jul' 14 13:13 305.10 -3.95 309.40/302.60 309.05 309.25 305.10
COPPER Sep' 14 13:13 305.00 -3.85 309.00/302.50 308.85 309.00 305.00
GOLD Aug' 14 13:41 1252.5 -0.80 1258.2/1245.7 1253.3 1253.7 1252.5
SILVER Jul' 14 13:57 18.991 -0.092 19.200/18.880 19.083 19.040 18.991
PLATINUM Jul' 14 13:13 1453.0 +7.90 1458.4/1442.9 1445.1 1447.8 1453.0
PALLADIUM Sep' 14 13:12 844.25 +4.80 845.90/836.70 839.45 839.70 844.25
STOCKS: Cu 16,440 +45 Gold 8,265,765 UNCH. Silver 175,654,477 -91,159
COPPER SCRAP 06-06-14 PRECIOUS METAL 06-06-14 13:42 DJ 16914 +78 NAS 4315 +18
#1 bare bright 302.00│H&H Gold: 1247.50 │CURRENCY 13:42 US$=EURO 0.7332
#1 burnt 297.00│H&H Silver: 19.010 │US$=MPES 12.9057 US$=CAN 1.0931
#2 refinery 278.00│Engelhrd: Pt 1458 Pd 849│US$=B£ 0.5953 US$=J¥ 102.5853
METALS FINISH OUT THE WEEK IN MIXED FASHION; U.S. JOBS DATA GIVES SUPPORT
The complex went into the weekend mixed with some metals able to overcome negative
trends from earlier today. A 217,000 spike in U.S. non-farm payrolls provided a
modest boost, particularly since analysts forecasted a 210,000 rise. However,
concerns about demand and overselling in China, due to the current government probe,
capped gains and restricted some metals to negative territory.
The biggest winner in today's action was aluminum. Despite getting off to a slow
start, aluminum was propelled into positive territory following this morning's
promising U.S. labor report. LME three-month metal finished out action at $1,879/mt,
a level not seen in over a month.
On the other hand, Friday proved bearish for copper, as London benchmark lost
$6,700/mt support, sinking to a one-month low of $6,640/mt. The red metal is most
impacted by the Chinese investigation into warehouse financing, as many investors
fear it is a sign of lessening demand from the world's largest copper consumer.
Nickel also experienced a weak day of trading, unable to extend Thursday's
positive sentiment, with LME three-month metal settling negative at $18,875/mt. In
recent weeks, tensions in the Ukraine have calmed down, lessening supply-side
concerns for the market. As a result, nickel has often faltered from its bullish
stance noted earlier in 2014.
═════════════════════════════════════════════════════════════════════════════
Copyright © Peony Online, Inc., 2014, All rights Reserved.
PEONY ONLINE, INC. MORNING MARKET REPORT FRI JUN 06, 2014
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 8:15 1838 -12 1838 1838 1850 1838
ALUMINUM (spot) 8:15 1817 -7.3 1817 1817 1824.3 1817 1817
N_A_ALLOY(3-mo) 8:15 2300 -90 2300 2300 2390 2300
N_A_ALLOY(spot) 8:15 2295 -92 2295 2295 2387 2295 2295
AL_ALLOY (3-mo) 8:15 1970 -20 1970 1970 1990 1970
AL_ALLOY (spot) 8:15 1970 -20 1970 1970 1990 1970 1970
COPPER (3-mo) 8:15 6656 -124 6656 6656 6780 6656
COPPER (spot) 8:15 6660.5 -142.5 6660.5 6660.5 6803 6660.5 6660.5
LEAD (3-mo) 8:15 2084 -24.5 2084 2084 2108.5 2084
LEAD (spot) 8:15 2063 -23.3 2063 2063 2086.3 2063 2063
NICKEL (3-mo) 8:15 18520 -510 18520 18520 19030 18520
NICKEL (spot) 8:15 18465 -508 18465 18465 18973 18465 18465
TIN (3-mo) 8:15 22975 -270 22975 22975 23245 22975
TIN (spot) 8:15 23025 -200 23025 23025 23225 23025 23025
ZINC (3-mo) 8:15 2070 -18 2070 2070 2088 2070
ZINC (spot) 8:15 2069.5 -19.5 2069.5 2069.5 2089 2069.5 2069.5
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 8:15 83.37 -0.54 83.37 83.37 83.91 83.37
ALUMINUM (spot) 8:15 82.42 -0.33 82.42 82.42 82.75 82.42 82.42
N_A_ALLOY(3-mo) 8:15 104.33 -4.08 104.33 104.33 108.41 104.33
N_A_ALLOY(spot) 8:15 104.10 -4.17 104.10 104.10 108.27 104.10 104.10
AL_ALLOY (3-mo) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36
AL_ALLOY (spot) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36 89.36
COPPER (3-mo) 8:15 301.91 -5.62 301.91 301.91 307.54 301.91
COPPER (spot) 8:15 302.12 -6.46 302.12 302.12 308.58 302.12 302.12
LEAD (3-mo) 8:15 94.53 -1.11 94.53 94.53 95.64 94.53
LEAD (spot) 8:15 93.58 -1.06 93.58 93.58 94.63 93.58 93.58
NICKEL (3-mo) 8:15 840.05 -23.13 840.05 840.05 863.19 840.05
NICKEL (spot) 8:15 837.56 -23.04 837.56 837.56 860.60 837.56 837.56
TIN (3-mo) 8:15 1042.1 -12.25 1042.1 1042.1 1054.4 1042.1
TIN (spot) 8:15 1044.4 -9.07 1044.4 1044.4 1053.5 1044.4 1044.4
ZINC (3-mo) 8:15 93.89 -0.82 93.89 93.89 94.71 93.89
ZINC (spot) 8:15 93.87 -0.88 93.87 93.87 94.76 93.87 93.87
LME STOCKS (06-09-14) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
5,160,575 38,460 63,740 167,775 283,992 191,375 10,950 701,825
-9,800 UNCH. UNCH. -150 -324 +1,000 +65 +1,450
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Jun' 14 8:11 303.75 -5.35 309.05/303.75 309.10 309.05
COPPER Jul' 14 8:15 303.75 -5.30 309.40/302.60 309.05 309.25
COPPER Sep' 14 8:15 303.65 -5.20 309.00/302.50 308.85 309.00
GOLD Aug' 14 8:15 1253.9 +0.60 1256.9/1251.4 1253.3 1253.7
SILVER Jul' 14 8:15 19.055 -0.028 19.150/18.995 19.083 19.040
PLATINUM Jul' 14 8:15 1450.2 +5.10 1455.9/1442.9 1445.1 1447.8
PALLADIUM Sep' 14 8:15 842.95 +3.50 842.95/838.30 839.45 839.70
STOCKS: Cu 16,440 +45 Gold 8,265,765 UNCH. Silver 175,654,477 -91,159
COPPER SCRAP 06-06-14 PRECIOUS METAL 06-05-14 CURRENCY 8:00
#1 bare bright 301.00│H&H Gold: 1252.50 │US$=EURO 0.7332
#1 burnt 296.00│H&H Silver: 19.070 │US$=MPES 12.8565 US$=CAN 1.092
#2 refinery 277.00│Engelhrd: Pt 1445 Pd 848│US$=B£ 0.5944 US$=J¥ 102.345
WEAK OPENING FOR METALS BEFORE U.S. EMPLOYMENT DATA, CHINESE INVESTIGATION
Base metals opened Friday's trading with losses across the board. Traders
remain hesitant to invest ahead of the U.S. non-farm payroll report, due out
8:30 EST, which economists predict will show an increase of 210,000 jobs over
the course of May. Also contributing to this feeling of caution, Chinese
authorities are currently investigating allegations of fraudulently inflated
metal inventories in the port of Qingdao. This not only indicates that China's
demand for metals may have been overstated, but has also led to fears that
Chinese companies may sell off their metal stocks, flooding the market.
This was enough to give copper a negative opening, with Comex July and London
benchmark starting the day at respective levels of $3.0925/lb and $6,785/mt.
Red metal prices received little support from supply concerns as major U.S.
mining company Newmont Mining Corp halted production in its Indonesian
facilities in response to an export tax.
Aluminum also slipped ahead of this morning's employment report. The start of
trading saw its LME three-month below yesterday at $1,845/mt.
Additionally, nickel was unable to extend yesterday's closing gains into this
morning's sessions. London futures nickel opened at $19,090/mt, representing a
loss from Thursday.
═════════════════════════════════════════════════════════════════════════════
Copyright © Peony Online, Inc., 2014, All rights Reserved.
PEONY ONLINE, INC. MIDDAY MARKET REPORT THU AUG 21, 2014
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 11:18 2069 -7 2069 2069 2076 2069 2069
ALUMINUM (spot) 11:18 2059 -5 2059 2058.5 2064 2058.5 2059
N_A_ALLOY(3-mo) 11:18 2310 UNCH. 2310 2305 2310 2305 2310
N_A_ALLOY(spot) 11:18 2281.5 +0.2 2281.5 2255.5 2281.3 2255.5 2281.5
AL_ALLOY (3-mo) 11:18 2070 +5 2070 2070 2065 2070 2070
AL_ALLOY (spot) 11:18 2054 +5.7 2055 2054 2048.3 2055 2054
COPPER (3-mo) 11:18 7042 +32 7042 6985 7010 6985 7042
COPPER (spot) 11:18 7065.5 +29 7065.5 7003 7036.5 7003 7065.5
LEAD (3-mo) 11:18 2259 UNCH. 2259 2249 2259 2249 2259
LEAD (spot) 11:18 2263 +2 2263 2254 2261 2254 2263
NICKEL (3-mo) 11:18 18900 -50 18900 18870 18950 18870 18900
NICKEL (spot) 11:18 18820 -47 18820 18730 18867 18730 18820
TIN (3-mo) 11:18 22325 -95 22350 22325 22420 22350 22325
TIN (spot) 11:18 22285 -92 22285 22275 22377 22275 22285
ZINC (3-mo) 11:18 2365 +9 2365 2354 2356 2354 2365
ZINC (spot) 11:18 2364.5 +7.7 2364.5 2351 2356.8 2351 2364.5
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 11:18 93.85 -0.32 93.85 93.85 94.17 93.85 93.85
ALUMINUM (spot) 11:18 93.39 -0.23 93.39 93.37 93.62 93.37 93.39
N_A_ALLOY(3-mo) 11:18 104.78 UNCH. 104.78 104.55 104.78 104.55 104.78
N_A_ALLOY(spot) 11:18 103.49 +0.01 103.49 102.31 103.48 102.31 103.49
AL_ALLOY (3-mo) 11:18 93.89 +0.23 93.89 93.89 93.67 93.89 93.89
AL_ALLOY (spot) 11:18 93.17 +0.26 93.21 93.17 92.91 93.21 93.17
COPPER (3-mo) 11:18 319.42 +1.45 319.42 316.83 317.97 316.83 319.42
COPPER (spot) 11:18 320.49 +1.32 320.49 317.65 319.17 317.65 320.49
LEAD (3-mo) 11:18 102.47 UNCH. 102.47 102.01 102.47 102.01 102.47
LEAD (spot) 11:18 102.65 +0.09 102.65 102.24 102.56 102.24 102.65
NICKEL (3-mo) 11:18 857.29 -2.27 857.29 855.93 859.56 855.93 857.29
NICKEL (spot) 11:18 853.66 -2.13 853.66 849.58 855.79 849.58 853.66
TIN (3-mo) 11:18 1012.7 -4.31 1013.8 1012.7 1017.0 1013.8 1012.7
TIN (spot) 11:18 1010.8 -4.17 1010.8 1010.4 1015.0 1010.4 1010.8
ZINC (3-mo) 11:18 107.27 +0.41 107.27 106.78 106.87 106.78 107.27
ZINC (spot) 11:18 107.25 +0.35 107.25 106.64 106.90 106.64 107.25
LME STOCKS (08-21-14) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
4,851,850 32,440 65,020 146,425 324,714 217,200 13,485 735,200
-11,500 -100 +2,200 +1,225 -126 +1,600 UNCH. -675
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Aug' 14 10:35 317.70 +0.30 317.70/316.00 317.40 316.00
COPPER Sep' 14 11:26 317.85 +0.15 318.45/314.95 315.70 317.00
COPPER Dec' 14 11:26 319.90 +0.15 320.45/317.15 319.75 319.65
GOLD Dec' 14 11:26 1277.9 -17.30 1292.0/1274.0 1295.2 1291.9
SILVER Sep' 14 11:26 19.355 -0.142 19.480/19.285 14.497 19.465
PLATINUM Oct' 14 11:26 1420.2 -9.00 1431.5/1414.0 1429.2 1426.7
PALLADIUM Sep' 14 11:24 874.05 +5.60 879.70/865.00 868.45 867.00
STOCKS: Cu 26,150 +268 Gold 9,855,020 UNCH. Silver 177,334,830 +1,172,515
COPPER SCRAP 08-21-14 PRECIOUS METAL 08-21-14 11:26 DJ 17053 +76 NAS 4525 -1
#1 bare bright 315.00│H&H Gold: 1275.25 │CURRENCY 11:25 US$=EURO 0.7528
#1 burnt 310.00│H&H Silver:19.510(08-20)│US$=MPES 13.10917 US$=CAN 1.0947
#2 refinery 290.00│Engelhrd: Pt 1422 Pd 884│US$=B£ 0.6027 US$=J¥ 103.7946
WEAK CHINESE ECONOMY KEEPS MOST METALS DOWN DESPITE UPBEAT U.S. DATA
This morning's bearish trading is largely extending into present market
activity, with most metal contracts headed towards lower ground. Disappointing
overnight Chinese economic data continues to pull contracts downwards, even as
promising U.S. news provides some support.
Earlier today, data showed the U.S. Purchasing Managers' Index expanded from
55.8 in July to 58.0 in August, its fastest growth in over 4 years. Also, U.S.
existing home sales increased 2.4% during July, reaching its highest level in
almost a year and expanding for the fourth consecutive month. This further
indicates the nation's economy is recovering in steady, sustainable fashion.
This data was enough to pull copper out of this morning's downward spiral
which was due to China's preliminary PMI issued last night, sending London
benchmark past $7,000/mt resistance to an intra-day peak of $7,045.75/mt.
Similarly, Comex September copper has also been able to edge upward, despite
continuing pressure from the Chinese news, presently trading at $3.1785/lb.
On the other hand, aluminum has been unable to maintain a positive footing.
While holding above the $2,050/mt level, LME three-month aluminum is presently
trading in the red at $2,068.5/mt.
Switching to precious metals, the promising U.S. data diverted investors from
gold's safe haven, sending Comex December as low as $1,274/troy ounce.
Copyright © Peony Online, Inc., 2014, All rights Reserved.
PEONY ONLINE, INC. AFTERNOON MARKET REPORT TUE AUG 04, 2015
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 1617 +5 1618 1614 1612 1614 1617
ALUMINUM (spot) 14:05 1581.8 +5 1583 1577.5 1576.8 1577.5 1581.8
N_A_ALLOY(3-mo) 14:05 1710 -5 1715 1700 1715 1700 1710
N_A_ALLOY(spot) 14:05 1684 -5 1689 1671 1689 1671 1684
AL_ALLOY (3-mo) 14:05 1675 +5 1680 1675 1670 1675 1675
AL_ALLOY (spot) 14:05 1671.8 +5.3 1677 1671.8 1666.5 1675 1671.8
COPPER (3-mo) 14:05 5235 +15 5235 5227 5220 5227 5235
COPPER (spot) 14:05 5229.8 +17.8 5229.8 5215.5 5212 5215.5 5229.8
LEAD (3-mo) 14:05 1737 +37 1737 1722 1700 1724 1737
LEAD (spot) 14:05 1732.5 +35.5 1732.5 1716 1697 1716 1732.5
NICKEL (3-mo) 14:05 10830 +85 10950 10830 10745 10890 10830
NICKEL (spot) 14:05 10780 +84 10900 10780 10696 10835 10780
TIN (3-mo) 14:05 15780 -225 16100 15780 16005 16100 15780
TIN (spot) 14:05 15796 -229 16150 15796 16025 16150 15796
ZINC (3-mo) 14:05 1918 +13 1927 1916 1905 1927 1918
ZINC (spot) 14:05 1911.8 +11.8 1926 1910 1900 1926 1911.8
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 73.35 +0.23 73.39 73.21 73.12 73.21 73.35
ALUMINUM (spot) 14:05 71.75 +0.23 71.80 71.55 71.52 71.55 71.75
N_A_ALLOY(3-mo) 14:05 77.56 -0.23 77.79 77.11 77.79 77.11 77.56
N_A_ALLOY(spot) 14:05 76.39 -0.23 76.61 75.80 76.61 75.80 76.39
AL_ALLOY (3-mo) 14:05 75.98 +0.23 76.20 75.98 75.75 75.98 75.98
AL_ALLOY (spot) 14:05 75.83 +0.24 76.07 75.83 75.59 75.98 75.83
COPPER (3-mo) 14:05 237.46 +0.68 237.46 237.09 236.78 237.09 237.46
COPPER (spot) 14:05 237.22 +0.81 237.22 236.57 236.41 236.57 237.22
LEAD (3-mo) 14:05 78.79 +1.68 78.79 78.11 77.11 78.20 78.79
LEAD (spot) 14:05 78.58 +1.61 78.58 77.84 76.97 77.84 78.58
NICKEL (3-mo) 14:05 491.24 +3.86 496.68 491.24 487.39 493.96 491.24
NICKEL (spot) 14:05 488.97 +3.81 494.42 488.97 485.16 491.47 488.97
TIN (3-mo) 14:05 715.77 -10.21 730.28 715.77 725.98 730.28 715.77
TIN (spot) 14:05 716.50 -10.39 732.55 716.50 726.88 732.55 716.50
ZINC (3-mo) 14:05 87.00 +0.59 87.41 86.91 86.41 87.41 87.00
ZINC (spot) 14:05 86.72 +0.54 87.36 86.64 86.18 87.36 86.72
LME STOCKS (08-04-15) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
3,423,250 13,040 50,020 347,500 457,926 216,475 6,540 430,800
-6,175 UNCH. -240 +975 -912 -2,300 -100 -2,000
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Aug' 15 13:25 236.50 +1.75 237.05/234.00 234.75 234.00 236.50
COPPER Sep' 15 13:25 236.20 +1.60 237.45/232.80 234.60 234.15 236.20
COPPER Dec' 15 13:25 237.45 +1.55 238.70/234.10 235.90 235.45 237.45
GOLD Dec' 15 13:43 1090.7 +1.30 1094.4/1080.2 1089.4 1085.3 1090.7
SILVER Sep' 15 13:44 14.557 +0.042 14.625/14.345 14.515 14.450 14.557
PLATINUM Oct' 15 13:09 958.5 -8.60 963.1/945.4 967.1 961.5 958.5
PALLADIUM Sep' 15 13:03 598.60 -4.60 604.00/586.55 603.20 596.00 598.60
CRUDE OIL Oct' 15 13:45 46.15 +0.59 46.58/45.70 45.56 45.79
STOCKS: Cu 37,283 UNCH. Gold 7,570,807 -1,477 Silver 174,630,337 -1,040,433
COPPER SCRAP 08-04-15 PRECIOUS METAL 08-04-15 13:45 DJ 17687 -30 NAS 5111 -4
#1 bare bright 233.00│H&H Gold: 1090.65 │CURRENCY 13:45 US$=EURO 0.915
#1 burnt 225.00│H&H Silver: 14.630 │US$=MPES 16.2379 US$=CAN 1.3153
#2 refinery 206.00│Engelhrd: Pt 957 Pd 601 │US$=B£ 0.6415 US$=J¥ 124.11
CHINESE EQUITIES, WEAKER DOLLAR BOOST MOST METALS; LONG-TERM GAINS UNLIKELY
A weaker U.S. dollar buoyed today's action, yielding a positive, albeit modest,
close for most base metals. Looking ahead, market watchers are more cautious than
optimistic about the future for commodities, as today's settlement was largely
the result of short-covering and China's economy remains uncertain at best.
Nevertheless, red metal contracts ended Tuesday in the black. London benchmark
and Comex September copper settled at respective levels of $5,235/mt and
$2.362/lb. The market may be able to extend this slight upbeat trading pattern if
the greenback continues to slump, but long-term upward momentum will be a
struggle until investors gain more confidence about Chinese demand.
The biggest winner proved to be lead. After hitting a five-year low Monday,
three-month metal rode bargain hunting to break through $1,700/mt resistance and
close near its intra-day peak at $1,737/mt. Although a probe of $1,750/mt is
possible, this level could trigger some profit-taking.
Lead's upbeat sentiment spread to zinc contracts, which recovered $1,900/mt
support and closed in the black at $1,918/mt.
Tin proved to be Tuesday's biggest exception. The market peaked at $16,115/mt
only to falter on technical sell-offs and close at $15,780/mt. However, the
ongoing Indonesian export slowdown could boost tin in the near future.
Copyright © Peony Online, Inc., 2015, All Rights Reserved.
PEONY ONLINE, INC. MIDDAY MARKET REPORT WED MAR 25, 2015
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 12:18 1773 -18 1773 1772 1791 1772 1773
ALUMINUM (spot) 12:18 1766 -15.8 1766 1764 1781.8 1764 1766
N_A_ALLOY(3-mo) 12:18 1910 -15 1910 1890 1925 1890 1910
N_A_ALLOY(spot) 12:18 1894.5 -15.3 1894.5 1875 1909.8 1875 1894.5
AL_ALLOY (3-mo) 12:18 1750 -22.5 1750 1750 1772.5 1750 1750
AL_ALLOY (spot) 12:18 1731 -22.3 1731 1730 1753.3 1730 1731
COPPER (3-mo) 12:18 6113 -32 6113 6110 6145 6110 6113
COPPER (spot) 12:18 6138 -36 6138 6134.5 6174 6134.5 6138
LEAD (3-mo) 12:18 1841 -9 1841 1832 1850 1832 1841
LEAD (spot) 12:18 1838.5 -14.5 1838.5 1830 1853 1830 1838.5
NICKEL (3-mo) 12:18 13675 -275 13750 13675 13950 13750 13675
NICKEL (spot) 12:18 13625 -282.5 13680 13625 13907.5 13680 13625
TIN (3-mo) 12:18 17450 -100 17450 17450 17550 17450 17450
TIN (spot) 12:18 17405 -102 17405 17400 17507 17400 17405
ZINC (3-mo) 12:18 2080 -6 2080 2076.5 2086 2076.5 2080
ZINC (spot) 12:18 2070 -6.8 2070 2065.5 2076.8 2065.5 2070
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 12:18 80.42 -0.82 80.42 80.38 81.24 80.38 80.42
ALUMINUM (spot) 12:18 80.10 -0.72 80.10 80.01 80.82 80.01 80.10
N_A_ALLOY(3-mo) 12:18 86.64 -0.68 86.64 85.73 87.32 85.73 86.64
N_A_ALLOY(spot) 12:18 85.93 -0.69 85.93 85.05 86.63 85.05 85.93
AL_ALLOY (3-mo) 12:18 79.38 -1.02 79.38 79.38 80.40 79.38 79.38
AL_ALLOY (spot) 12:18 78.52 -1.01 78.52 78.47 79.53 78.47 78.52
COPPER (3-mo) 12:18 277.28 -1.45 277.28 277.15 278.73 277.15 277.28
COPPER (spot) 12:18 278.42 -1.63 278.42 278.26 280.05 278.26 278.42
LEAD (3-mo) 12:18 83.51 -0.41 83.51 83.10 83.91 83.10 83.51
LEAD (spot) 12:18 83.39 -0.66 83.39 83.01 84.05 83.01 83.39
NICKEL (3-mo) 12:18 620.29 -12.47 623.69 620.29 632.76 623.69 620.29
NICKEL (spot) 12:18 618.02 -12.81 620.52 618.02 630.83 620.52 618.02
TIN (3-mo) 12:18 791.52 -4.54 791.52 791.52 796.06 791.52 791.52
TIN (spot) 12:18 789.48 -4.63 789.48 789.25 794.11 789.25 789.48
ZINC (3-mo) 12:18 94.35 -0.27 94.35 94.19 94.62 94.19 94.35
ZINC (spot) 12:18 93.89 -0.31 93.89 93.69 94.20 93.69 93.89
LME STOCKS (03-25-15) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
3,969,175 26,300 72,780 342,625 433,980 237,275 10,095 520,175
-6,725 -180 -700 +350 +2,490 -500 -70 -25
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Mar' 15 12:07 280.05 -1.45 281.00/280.00 281.50 280.50
COPPER May' 15 12:20 278.75 -1.55 280.80/277.30 280.30 279.40
COPPER Jul' 15 12:19 278.75 -1.40 280.00/277.25 280.15 279.00
GOLD Apr' 15 12:20 1196.2 +4.80 1199.3/1186.1 1191.4 1192.5
SILVER May' 15 12:20 16.985 +0.002 17.140/16.840 16.983 16.935
PLATINUM Apr' 15 12:20 1145.7 +4.20 1151.4/1135.1 1141.5 1138.9
PALLADIUM Jun' 15 12:18 763.75 +0.05 769.75/761.70 763.70 763.00
CRUDE OIL May' 15 12:20 48.29 +0.78 48.44/47.00 47.51 47.72
*** NYMEX CRUDE OIL PRICE WILL NOW BE INCLUDED ON ALL MARKET REPORTS ***
STOCKS: Cu 24,744 -111 Gold 7,887,973 -25,720 Silver 175,346,868 +535,426
COPPER SCRAP 03-25-15 PRECIOUS METAL 03-25-15 12:25 DJ 17810 -201 NAS 4912 -83
#1 bare bright 277.00│H&H Gold: 1195.60 │CURRENCY 12:25 US$=EURO 0.911
#1 burnt 268.00│H&H Silver: 17.075 │US$=MPES 14.9443 US$=CAN 1.2524
#2 refinery 250.00│Engelhrd: Pt 1147 Pd 770│US$=B£ 0.6709 US$=J¥ 119.408
UNEXPECTED DROP IN U.S. DURABLE GOODS ORDERS WEIGHING BASE METALS DOWNWARD
Fears of a waning metals appetite in the world's top two consumers, the U.S.
and China, are preventing base metals from attaining positive ground in present
trading. Still, the market has found some support from hopes that China will
enact new stimulus programs, as well as the weaker tone in the U.S. dollar.
The U.S. Commerce Department reported a 1.4% decrease in big-ticket
manufactured goods orders during February. This falls short of the 0.2% increase
predicted by economists and indicates that U.S. companies are hesitant to spend.
This data has prevented copper from reaching higher regions. Though it has
recovered $6,100/mt support after dropping to a $6,080/mt intra-day low, London
benchmark copper is still in the red at $6,113/mt. While also largely favoring
the downside, Comex May copper is showing a more rangebound pattern, trading
between $2.773/lb and $2.808/lb.
Lead has also been confined to negative territory, a reversal after riding
canceled warrants to sharp gains earlier this week, now trading at $1,841/mt.
In precious metals, Comex April gold is gaining traction on the sliding
greenback and purchasing data, peaking near $1,200/troy ounce.
═════════════════════════════════════════════════════════════════════════════
Copyright © Peony Online, Inc., 2015, All Rights Reserved.
PEONY ONLINE, INC. AFTERNOON MARKET REPORT WED MAR 25, 2015
═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════
Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 1775 -16 1775 1772 1791 1772 1775
ALUMINUM (spot) 14:05 1769 -12.8 1769 1764 1781.8 1764 1769
N_A_ALLOY(3-mo) 14:05 1915 -10 1915 1890 1925 1890 1915
N_A_ALLOY(spot) 14:05 1899.5 -10.3 1899.5 1875 1909.8 1875 1899.5
AL_ALLOY (3-mo) 14:05 1745 -27.5 1750 1745 1772.5 1750 1745
AL_ALLOY (spot) 14:05 1726 -27.3 1731 1726 1753.3 1730 1726
COPPER (3-mo) 14:05 6125 -20 6125 6110 6145 6110 6125
COPPER (spot) 14:05 6149.5 -24.5 6149.5 6134.5 6174 6134.5 6149.5
LEAD (3-mo) 14:05 1846 -4 1846 1832 1850 1832 1846
LEAD (spot) 14:05 1842 -11 1842 1830 1853 1830 1842
NICKEL (3-mo) 14:05 13680 -270 13750 13675 13950 13750 13680
NICKEL (spot) 14:05 13629 -278.5 13680 13625 13907.5 13680 13629
TIN (3-mo) 14:05 17395 -155 17450 17395 17550 17450 17395
TIN (spot) 14:05 17344 -163 17405 17344 17507 17400 17344
ZINC (3-mo) 14:05 2081 -5 2081 2076.5 2086 2076.5 2081
ZINC (spot) 14:05 2070.8 -6 2070.8 2065.5 2076.8 2065.5 2070.8
Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle
ALUMINUM (3-mo) 14:05 80.51 -0.73 80.51 80.38 81.24 80.38 80.51
ALUMINUM (spot) 14:05 80.24 -0.58 80.24 80.01 80.82 80.01 80.24
N_A_ALLOY(3-mo) 14:05 86.86 -0.45 86.86 85.73 87.32 85.73 86.86
N_A_ALLOY(spot) 14:05 86.16 -0.47 86.16 85.05 86.63 85.05 86.16
AL_ALLOY (3-mo) 14:05 79.15 -1.25 79.38 79.15 80.40 79.38 79.15
AL_ALLOY (spot) 14:05 78.29 -1.24 78.52 78.29 79.53 78.47 78.29
COPPER (3-mo) 14:05 277.83 -0.91 277.83 277.15 278.73 277.15 277.83
COPPER (spot) 14:05 278.94 -1.11 278.94 278.26 280.05 278.26 278.94
LEAD (3-mo) 14:05 83.73 -0.18 83.73 83.10 83.91 83.10 83.73
LEAD (spot) 14:05 83.55 -0.50 83.55 83.01 84.05 83.01 83.55
NICKEL (3-mo) 14:05 620.52 -12.25 623.69 620.29 632.76 623.69 620.52
NICKEL (spot) 14:05 618.20 -12.63 620.52 618.02 630.83 620.52 618.20
TIN (3-mo) 14:05 789.02 -7.03 791.52 789.02 796.06 791.52 789.02
TIN (spot) 14:05 786.71 -7.39 789.48 786.71 794.11 789.25 786.71
ZINC (3-mo) 14:05 94.39 -0.23 94.39 94.19 94.62 94.19 94.39
ZINC (spot) 14:05 93.93 -0.27 93.93 93.69 94.20 93.69 93.93
LME STOCKS (03-25-15) (metric ton)
Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc
3,969,175 26,300 72,780 342,625 433,980 237,275 10,095 520,175
-6,725 -180 -700 +350 +2,490 -500 -70 -25
════════════════════════════════ COMEX/NYMEX ════════════════════════════════
Contract Time Last +/- High/Low Prev_Cls Open Settle
COPPER Mar' 15 13:26 280.50 -1.00 281.00/280.00 281.50 280.50 280.50
COPPER May' 15 13:26 279.20 -1.10 280.80/277.30 280.30 279.40 279.20
COPPER Jul' 15 13:26 279.15 -1.00 280.00/277.25 280.15 279.00 279.15
GOLD Apr' 15 13:47 1197.0 +5.60 1199.3/1186.1 1191.4 1192.5 1197.0
SILVER May' 15 13:48 17.000 +0.017 17.140/16.840 16.983 16.935 17.000
PLATINUM Apr' 15 13:11 1146.5 +5.00 1151.4/1135.1 1141.5 1138.9 1146.5
PALLADIUM Jun' 15 13:12 765.40 +1.70 769.75/761.70 763.70 763.00 765.40
CRUDE OIL May' 15 13:50 49.27 +1.76 49.39/47.00 47.51 47.72
*** NYMEX CRUDE OIL PRICE WILL NOW BE INCLUDED ON ALL MARKET REPORTS ***
STOCKS: Cu 24,744 -111 Gold 7,887,973 -25,720 Silver 175,346,868 +535,426
COPPER SCRAP 03-25-15 PRECIOUS METAL 03-25-15 13:45 DJ 17826 -186 NAS 4912 -82
#1 bare bright 277.00│H&H Gold: 1195.60 │CURRENCY 13:45 US$=EURO 0.9118
#1 burnt 268.00│H&H Silver: 17.075 │US$=MPES 14.9758 US$=CAN 1.2518
#2 refinery 250.00│Engelhrd: Pt 1147 Pd 770│US$=B£ 0.6717 US$=J¥ 119.504
BASE METALS FINISH IN THE RED; TRADERS FEAR SHRINKING DEMAND IN U.S., CHINA
Data hinting that U.S. and China may both be losing their appetites for metals put
substantial downward pressure on the market, sending base metals to a uniformly
negative closing. However, a declining U.S. dollar and hopes that the Chinese
government would implement new stimulus measures provided support, minimizing the
downside.
London benchmark copper was unable to reach the black during Wednesday's sessions.
After dipping below $6,100/mt support earlier, the contract exhibited a rangebound
pattern in late-day trade, settling at $6,125/mt. Though Comex May copper briefly
touched profitable ground above $2.80/lb, the contract remained confined to a
narrow, largely negative range throughout sessions, closing at $2.792/lb.
After spending much of last week drifting downward, LME three-month nickel made
some solid upward progress during Monday's sessions. Profit taking, on top of
today's complex-wide sell-offs, sent the contract below its $14,015/mt intra-day
high to close below $13,750/mt support.
Though its losses were less profound, tin was unable to sustain positive
territory, finishing today at $17,395/mt.
═════════════════════════════════════════════════════════════════════════════
Copyright © Peony Online, Inc., 2015, All Rights Reserved.
An Information Network For Scrap Metals
Peony Online, Inc., info@peonyinc.com Tel: (201) 802-1800 Fax: (201) 802-1888
Introducing Instant Quote - FREE to Peony's C/B/E subscribers!
Dear Peony Subscriber:
You asked to be listed daily; you asked to list more materials; you asked to list plastic and paper scrap and used machinery
... These requests and more will be satisfied by Peony's Instant Quote -another exciting new feature, giving Peony's C/B/E
(Consumer/Broker/Exporter Prices Report) subscribers an added value at no additional cost.
On the Smartphone-optimized web-based Instant Quote, you can
• List as many materials as you want as often as you want;
• List with detailed descriptions and email pictures;
• List, update, revise, view and respond at any time, anywhere;
• List any materials including non-metal scrap such as plastics, paper, rubber, oil and used machinery;
• And more...
All C/B/E subscribers are welcome to view and post to Instant Quote.
Exclusive Instant Quote Members:
For those who agree to post to Instant Quote exclusively will receive Exclusive Membership for which they enjoy the
following additional benefits:
• Each exclusive member has its own platform where the company can advertise its business and products; The
platform is updated by the exclusive member itself;
• All exclusive members’ listings are in bold and color;
• Clicking on any single entry by an exclusive member will lead to its platform where all listings by all users under
the company are shown;
• All exclusive members’ logos will rotate in the banner of Peony’s web site, clicking on which will connect to the
companies’ web sites.
Exclusive Membership is free to all C/B/E subscribers, as long as they meet the following criteria:
1. They agree to post on Instant Quote and Peony’s C/B/E exclusively, not to quote in a similar way on any other similar
web sites or price reports, for the duration of their subscription to Peony.
2. They must update their prices as they change, daily or at least weekly. All prices must be real.
For those who wish to enjoy the benefits of the Exclusive Membership but are not in a position to give Peony the
exclusivity of postings, an annual fee of $800 (in addition to $540 for C/B/E) will apply in order to compensate for the
extensive promotional work that entails.
Please do not hesitate to contact Peony if you have any questions. Thank you for using Peony – the most
widely distributed scrap price service in the industry!
Sincerely,
Peony Online, Inc.
MetalExchangeDirect.com
___ I'd like to have my id/password to view/respond/post to Instant Quote
___ I'd like to have my Exclusive Membership for Instant Quote
SUBSCRIBER_____________________ COMPANY___________________________
PHONE ________________________ FAX. _______________________________
EMAIL ___________________________________________________________
Fax to (201) 802-1888
Dear Sir/Madam:
Thanks so much for your interest in Peony Online! For over twenty years, Peony has
developed a reputation for providing the scrap metal industry with the most accurate, up
to date and widely read pricing information. We’d love to introduce you to the various
services we have to offer.
Our latest innovation is Peony’s Instant Quote: a new, web-based, smartphone-
optimized forum giving our subscribers an individualized platform to post any materials
they have to buy or sell with NO LIMIT to what you can post! Each subscriber can list as
many materials as they want, as often as they want, revise them as necessary and post any
materials they’re looking to buy or sell – even non-metallic items.
With over 3,000 subscribers in North America, Peony’s Consumer/Broker/Exporter
Report (C/B/E) has become the industry standard for gauging scrap metal pricing. Every
morning, we fax or email a one-page list of 70 verified buying prices divided into three
sections: Aluminum, Copper/Brass and Other (stainless steel, high-temp, e-scrap, etc.).
We’re the ONLY information service in the industry to provide daily accurate quotes
alongside the buyer’s contact name, delivery basis, company, phone number and, for
email subscribers, live links to their email addresses. Plus, we only list subscribers, so
getting this report could give you exposure to every company in the industry at no
additional cost!
Easy to navigate and inexpensive to use, MetalExchangeDirect.com gives users all the
information they need on the metals commodities markets. In addition to live updates
from the LME and Comex, our web service provides a detailed pricing history for each
contract as well as a daily copper scrap index, news commentaries on metal market
trends, currency conversion rates, futures exchanges from India and Shanghai, and much,
much more.
An annual subscription to the C/B/E is $540 which includes Instant Quote as a value-
added service; Metal Exchange Direct is a separate service costing $450 per year, the
least expensive in the industry. To sign up, fax the included form to 201-802-1888 or
visit www.metalexchangedirect.com Your subscription will begin immediately and we
will bill you at a later time.
Please do not hesitate to contact us with any questions or concerns. Thanks again for your
interest in Peony: The Industry Standard In Scrap Metal Pricing.
Sincerely,
MetalExchangeDirect.com
A Service of Peony Online, Inc.
www.metalexchangedirect.com
info@metalexchangedirect.com
Tel (201) 802-1800
Fax (201) 802-1888

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EricHansenPeonyOnlineFinancialWriting

  • 1. CASE STUDY: PEONY ONLINE Overview: In 2012, I started working for Peony Online, a pricing information service for buyers and sellers of scrap metals (exporters, smelters, recyclers, etc.) in the customer service and reporting capacities. Peony is the widest reaching news service in the scrap metal industry, with over 2,000 subscribers in North America in addition to a few dozen overseas. Subscribers are informed of the latest available pricing information with verified price quotes from scrap buyers and sellers in the daily Consumer/Broker/Exporter Report and Instant Quote database (like Craig’s List) as well as thrice-daily market reports on the LME/Comex metals commodities markets. Issue: Peony Online provides financial information via the internet to an audience of professional scrap metal buyers and sellers. With all due respect to the good people making an honest living in this noble industry, scrap metal professionals are not typically the most financially or web savvy demographic. As both the primary writer of Peony’s thrice-daily market reports and the director of engagement, I have to make such topics not only relevant but comprehensible to an audience that finds these fields foreign to the point of being extraterrestrial. Solution: The metals commodity market reports are, as stated above, written three times daily: morning at 8:20am, midday at 11:40am and afternoon at 2:00pm. Each report includes an article in its bottom section, is composed under tight time constraints, about 20 minutes from start to finish, and must be completely different from that day’s other reports, even on a slow news day when, over the course of eight hours, the most significant news comes from copper moving one-eighth of one cent for no discernable reason (or on a busy news day, which could present the different-but-equal challenge of paring down a series of major stories into one-third of a page). All this must be completed before a strict deadline, while keeping in mind that the article might have to be entirely overhauled if the metals market shifts at the last minute (as it does at least twice a week) and that one typo could lead to a lawsuit. As you’ll see in the samples provided in the following pages of this PDF, writing an article of Plain English prose following nothing but raw financial data (that not only leads the report but takes up triple the amount of space) can be a challenge. Add to this the fact that the article needs to attract the attention of a non-financial audience (a group in which I’d include myself) who might be turned off, if not intimidated, by the extensive numbers that cover the vast majority of the page. In writing the article, I always lead with the general trend in metals commodities trading in both the headline and opening paragraph. I then mention the factors influencing this and, if necessary, go into a little (but not too much) detail as to what those factors may be. This may sound simple, but keep in mind: this is international economic news for people whose primary interest is the buying and selling of scrap metals; on a regular basis I’m explaining why the Chinese equity market closing with a 0.1% loss means that an exporter in Manitoba will have to sell a truckload of copper for $50 less per metric ton than he would have twenty minutes earlier (and that’s not an exaggeration, by the way). Also, again, it’s important for the news section of the report not to take up too much room, even on a busy news day, as our
  • 2. readers are more interested in their economic future than Chilean mining officials hinting that they might be considering cosponsoring a minor infrastructure overhaul (I know, I thought that was weird, too). In the remainder of the article, I write about specific metal contracts, almost always leading with copper, as that is the world’s most frequently bought industrial metal. Each paragraph will focus on one specific metal, its trend during that session of the day, the factors that influence that specific metal (e.g. copper prices often rise when the U.S. dollar weakens against foreign currencies, aluminum’s cash value tends to rise and fall in tandem with that of crude oil, etc.) and where, based on the available information, its price may be headed in the near future. Since their introduction, the market reports have become one of the more popular features of Peony’s metals commodities news services. They are designed for people who are either not computer people or do not get to spend much time in the office. In fact, their format is the same as when they were primarily faxed to subscribers, Peony’s audience has become so accustomed to this that (and I’m not making this up) even a font change can result in a backlash of New-Coke-ian proportions. A major reason why each session’s report is condensed into a single page is so that readers can have their receptionists print them out, then put them their pockets and look them over at their own convenience, then be caught up in the all the new developments in metals pricing. Much of our reader-base subscribes to our metals commodities website, which features several more extensive sections, solely to read our three market reports. Since, again, people in the scrap metal business are not always the most tech savvy, I often find myself explaining how to load our website (“it’s ‘metal exchange direct dot com’,… no, not ‘metal exchange dot com’…”) log in and load our reports. This can take time, especially when speaking to subscribers unfamiliar with Google (Scout’s Honor, I couldn’t make that up if I tried), but I’m patient and make sure to break everything down to a simple step-by-step process. Ultimately, while it can at times be difficult, I find breaking down complex messaging into short and sweet prose to be a rewarding challenge and perhaps the skill I’ve most enjoyed sharpening in my professional and academic life.
  • 3. PEONY ONLINE, INC. AFTERNOON MARKET REPORT WED NOV 18, 2015 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 1472 -2 1477 1472 1474 1474 1472 ALUMINUM (spot) 14:05 1455.8 -1.5 1460.5 1454 1457.3 1454 1455.8 N_A_ALLOY(3-mo) 14:05 1710 +5 1720 1710 1705 1715 1710 N_A_ALLOY(spot) 14:05 1702 +9 1712 1702 1693 1708 1702 AL_ALLOY (3-mo) 14:05 1600 +5 1600 1595 1595 1595 1600 AL_ALLOY (spot) 14:05 1595.5 +5.5 1595.5 1590.5 1590 1585 1595.5 COPPER (3-mo) 14:05 4611 -73 4660 4611 4684 4660 4611 COPPER (spot) 14:05 4633.3 -65.7 4669 4633.3 4699 4669 4633.3 LEAD (3-mo) 14:05 1590 -5 1590 1583 1595 1585 1590 LEAD (spot) 14:05 1580.3 -5.2 1580.3 1573.5 1585.5 1573.5 1580.3 NICKEL (3-mo) 14:05 8980 -125 9100 8980 9105 9025 8980 NICKEL (spot) 14:05 8939.5 -128.5 9060 8939.5 9068 8955 8939.5 TIN (3-mo) 14:05 14600 -100 14675 14600 14700 14675 14600 TIN (spot) 14:05 14610 -105 14660 14610 14715 14660 14610 ZINC (3-mo) 14:05 1517 -31 1533.5 1517 1548 1533.5 1517 ZINC (spot) 14:05 1495.3 -31.2 1511.5 1495.3 1526.5 1511.5 1495.3 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 66.77 -0.09 67.00 66.77 66.86 66.86 66.77 ALUMINUM (spot) 14:05 66.03 -0.07 66.25 65.95 66.10 65.95 66.03 N_A_ALLOY(3-mo) 14:05 77.56 +0.23 78.02 77.56 77.34 77.79 77.56 N_A_ALLOY(spot) 14:05 77.20 +0.41 77.66 77.20 76.79 77.47 77.20 AL_ALLOY (3-mo) 14:05 72.57 +0.23 72.57 72.35 72.35 72.35 72.57 AL_ALLOY (spot) 14:05 72.37 +0.25 72.37 72.14 72.12 71.89 72.37 COPPER (3-mo) 14:05 209.15 -3.31 211.37 209.15 212.46 211.37 209.15 COPPER (spot) 14:05 210.16 -2.98 211.78 210.16 213.14 211.78 210.16 LEAD (3-mo) 14:05 72.12 -0.23 72.12 71.80 72.35 71.89 72.12 LEAD (spot) 14:05 71.68 -0.24 71.68 71.37 71.92 71.37 71.68 NICKEL (3-mo) 14:05 407.33 -5.67 412.77 407.33 413.00 409.37 407.33 NICKEL (spot) 14:05 405.49 -5.83 410.96 405.49 411.32 406.19 405.49 TIN (3-mo) 14:05 662.25 -4.54 665.65 662.25 666.78 665.65 662.25 TIN (spot) 14:05 662.70 -4.76 664.97 662.70 667.46 664.97 662.70 ZINC (3-mo) 14:05 68.81 -1.41 69.56 68.81 70.22 69.56 68.81 ZINC (spot) 14:05 67.83 -1.42 68.56 67.83 69.24 68.56 67.83 LME STOCKS (11-18-15) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 2,960,900 12,440 45,960 255,275 415,884 134,025 5,295 553,750 -8,000 UNCH. -120 -3,225 +2,928 -200 -170 -1,550 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Nov' 15 13:10 207.80 -2.75 209.05/207.80 210.55 208.85 207.80 COPPER Dec' 15 13:10 207.80 -2.60 210.25/206.70 210.40 209.45 207.80 COPPER Mar' 16 13:10 208.30 -2.85 210.95/207.40 211.15 210.05 208.30 GOLD Dec' 15 13:51 1068.7 +0.10 1071.5/1062.0 1068.6 1070.2 1068.7 SILVER Dec' 15 13:49 14.081 -0.090 14.210/13.990 14.171 14.145 14.081 PLATINUM Jan' 16 13:23 848.0 -7.00 857.1/ 846.1 855.0 854.3 848.0 PALLADIUM Dec' 15 13:22 532.05 -14.45 551.35/527.50 546.50 543.15 532.05 CRUDE OIL Dec' 15 13:52 40.46 -0.21 41.55/ 39.91 40.67 41.11 STOCKS: Cu 65,528 +982 Gold 6,590,057 -155,992 Silver 161,580,689 -30,220 COPPER SCRAP 11-18-15 PRECIOUS METAL 11-18-15 13:52 DJ 17612 +123 NAS 5034 +48 #1 bare bright 204.00│H&H Gold: 1067.75 │CURRENCY 13:52 US$=EURO 0.9399 #1 burnt 199.00│H&H Silver: 14.070 │US$=MPES 16.7679 US$=CAN 1.3354 #2 refinery 180.00│Engelhard:Pt 846 Pd 547 │US$=B£ 0.6569 US$=J¥ 123.52 BASE METALS MOSTLY DOWN; TRADERS AWAIT THIS AFTERNOON'S U.S. FED MINUTES The latest in a seemingly endless series of disappointing Chinese reports confined most metals to finish in the red, with a few contracts even sinking to fresh multi-year lows. Additionally, economic news from the U.S. further bolstered the greenback and intensified speculation that the Federal Reserve will increase interest rates soon, factors that will make upward traction difficult in the near term. Investors are now looking to this afternoon, when the U.S. FOMC's minutes are to be released, for further clues about their next steps. On top of the aforementioned news reports, red metal contracts were further weighed down by announcements that major Chilean producer Codelco had no intention to reduce its output. Because many investors hoped that more producers would announce cutbacks, this dealt copper a severe blow, leaving Comex December futures to close at its lowest level in six-and-a-half years, $2.078/lb, while London benchmark copper barely sustained $4,600/mt support. Nickel also endured a major hit by both today's market sentiment and short- selling, closing below $9,000/mt for the first time in seven years. Even aluminum, which showed some modest resilience, ultimately succumbed to the downside, and will have trouble recovering $1,500/mt resistance. ═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2015, All Rights Reserved.
  • 4. PEONY ONLINE, INC. MIDDAY MARKET REPORT FRI OCT 30, 2015 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 12:18 1478 +8 1479 1478 1470 1479 1478 ALUMINUM (spot) 12:18 1448 +8.2 1448 1447.5 1439.8 1447.5 1448 N_A_ALLOY(3-mo) 12:18 1690 +5 1690 1690 1685 1690 1690 N_A_ALLOY(spot) 12:18 1672 +5 1675 1672 1667 1675 1672 AL_ALLOY (3-mo) 12:18 1620 -25 1620 1620 1645 1620 1620 AL_ALLOY (spot) 12:18 1615 -25 1615 1610 1640 1610 1615 COPPER (3-mo) 12:18 5120 -10 5120 5116 5130 5116 5120 COPPER (spot) 12:18 5136 -6.5 5136 5135.5 5142.5 5135.5 5136 LEAD (3-mo) 12:18 1698 -14 1699 1698 1712 1699 1698 LEAD (spot) 12:18 1683 -14.3 1683 1681 1697.3 1681 1683 NICKEL (3-mo) 12:18 10150 -225 10150 10145 10375 10145 10150 NICKEL (spot) 12:18 10140 -224 10140 10135 10364 10135 10140 TIN (3-mo) 12:18 14825 -180 15025 14825 15005 15025 14825 TIN (spot) 12:18 14835 -165 15025 14835 15000 15025 14835 ZINC (3-mo) 12:18 1694 -9 1694 1691 1703 1691 1694 ZINC (spot) 12:18 1675.5 -11.8 1675.5 1673 1687.3 1673 1675.5 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 12:18 67.04 +0.36 67.09 67.04 66.68 67.09 67.04 ALUMINUM (spot) 12:18 65.68 +0.37 65.68 65.66 65.31 65.66 65.68 N_A_ALLOY(3-mo) 12:18 76.66 +0.23 76.66 76.66 76.43 76.66 76.66 N_A_ALLOY(spot) 12:18 75.84 +0.23 75.98 75.84 75.61 75.98 75.84 AL_ALLOY (3-mo) 12:18 73.48 -1.13 73.48 73.48 74.62 73.48 73.48 AL_ALLOY (spot) 12:18 73.26 -1.13 73.26 73.03 74.39 73.03 73.26 COPPER (3-mo) 12:18 232.24 -0.45 232.24 232.06 232.69 232.06 232.24 COPPER (spot) 12:18 232.97 -0.29 232.97 232.94 233.26 232.94 232.97 LEAD (3-mo) 12:18 77.02 -0.64 77.07 77.02 77.66 77.07 77.02 LEAD (spot) 12:18 76.34 -0.65 76.34 76.25 76.99 76.25 76.34 NICKEL (3-mo) 12:18 460.40 -10.21 460.40 460.17 470.60 460.17 460.40 NICKEL (spot) 12:18 459.94 -10.16 459.94 459.72 470.10 459.72 459.94 TIN (3-mo) 12:18 672.45 -8.16 681.52 672.45 680.62 681.52 672.45 TIN (spot) 12:18 672.91 -7.48 681.52 672.91 680.39 681.52 672.91 ZINC (3-mo) 12:18 76.84 -0.41 76.84 76.70 77.25 76.70 76.84 ZINC (spot) 12:18 76.00 -0.54 76.00 75.89 76.53 75.89 76.00 LME STOCKS (10-30-15) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 3,048,100 12,280 42,900 267,775 426,030 147,550 4,990 571,450 -7,275 UNCH. -80 -2,425 -1,482 -25 -10 -1,925 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Nov' 15 12:07 230.75 -0.80 232.15/230.50 231.55 232.15 COPPER Dec' 15 12:23 231.40 -0.70 233.75/230.90 232.10 232.45 COPPER Mar' 16 12:23 232.20 -0.80 234.65/231.80 233.00 233.25 GOLD Dec' 15 12:23 1141.6 -5.70 1149.8/1138.4 1147.3 1146.6 SILVER Dec' 15 12:23 15.540 -0.010 15.655/15.475 15.550 15.600 PLATINUM Jan' 16 12:21 989.7 -3.60 1000.5/ 987.2 993.3 993.9 PALLADIUM Dec' 15 12:21 677.15 +6.35 689.95/670.30 670.80 671.10 CRUDE OIL Dec' 15 12:23 46.39 +0.33 46.61/ 45.48 46.06 45.74 STOCKS: Cu 53,016 +786 Gold 6,700,779 -2,990 Silver 162,098,556 -326,343 COPPER SCRAP 10-30-15 PRECIOUS METAL 10-30-15 12:22 DJ 17775 +20 NAS 5074 UNCH #1 bare bright 227.00│H&H Gold: 1142.35 │CURRENCY 12:23 US$=EURO 0.9064 #1 burnt 222.00│H&H Silver: 15.565 │US$=MPES 16.5215 US$=CAN 1.3074 #2 refinery 203.00│Engelhard:Pt 992 Pd 680 │US$=B£ 0.6468 US$=J¥ 120.745 MOST BASE METALS STUCK IN THE RED FOLLOWING DOWNBEAT ASIAN EQUITIES CLOSE Already struggling against the U.S. FOMC's remarks about a possible interest rate hike in December, a slip in Chinese equities added further downward pressure to the complex, confining metals to almost entirely negative regions at present. The Shanghai Composite Index finished today's sessions with a 0.1% loss. While this settlement certainly could have been worse, it comes on the heels of several recent losses in Asian stocks and adds fuel to concerns about the economic standing of the world's largest metals consumer. Copper's sensitivity to Chinese economic news saw contracts dip to near one-month lows. At its weakest, London benchmark copper came close to losing $5,100/mt support and is still occupying lower regions, trading at $5,120/mt. Comex December copper dropped to an intra-day low of $2.309/lb, but is now more sideways and could climb to a positive close should its low price attract bargain hunters. Aluminum is currently the major exception to the bearishness in base metals. A slight upturn in crude oil prices boosted the market into positive territory, now edging upward at $1,478/mt. Zinc's weak showing of recent days is extending into present trading. However, the market is only slightly down and could reclaim $1,700/mt support soon. ═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2015, All Rights Reserved.
  • 5. PEONY ONLINE, INC. AFTERNOON MARKET REPORT FRI JUN 06, 2014 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 1879 +29 1879 1838 1850 1838 1879 ALUMINUM (spot) 14:05 1856.8 +32.5 1856.8 1817 1824.3 1817 1856.8 N_A_ALLOY(3-mo) 14:05 2332.5 -57.5 2332.5 2300 2390 2300 2332.5 N_A_ALLOY(spot) 14:05 2330 -57 2330 2295 2387 2295 2330 AL_ALLOY (3-mo) 14:05 1990 UNCH. 1990 1970 1990 1970 1990 AL_ALLOY (spot) 14:05 1990 UNCH. 1990 1970 1990 1970 1990 COPPER (3-mo) 14:05 6688 -92 6690 6656 6780 6656 6688 COPPER (spot) 14:05 6696 -107 6696 6660.5 6803 6660.5 6696 LEAD (3-mo) 14:05 2109 +0.5 2109 2084 2108.5 2084 2109 LEAD (spot) 14:05 2086.8 +0.5 2086.8 2063 2086.3 2063 2086.8 NICKEL (3-mo) 14:05 18875 -155 18900 18520 19030 18520 18875 NICKEL (spot) 14:05 18810 -163 18845 18465 18973 18465 18810 TIN (3-mo) 14:05 23195 -50 23195 22975 23245 22975 23195 TIN (spot) 14:05 23173 -52 23173 23025 23225 23025 23173 ZINC (3-mo) 14:05 2104 +16 2104 2070 2088 2070 2104 ZINC (spot) 14:05 2103.3 +14.3 2103.3 2069.5 2089 2069.5 2103.3 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 85.23 +1.32 85.23 83.37 83.91 83.37 85.23 ALUMINUM (spot) 14:05 84.22 +1.47 84.22 82.42 82.75 82.42 84.22 N_A_ALLOY(3-mo) 14:05 105.80 -2.61 105.80 104.33 108.41 104.33 105.80 N_A_ALLOY(spot) 14:05 105.69 -2.59 105.69 104.10 108.27 104.10 105.69 AL_ALLOY (3-mo) 14:05 90.26 UNCH. 90.26 89.36 90.26 89.36 90.26 AL_ALLOY (spot) 14:05 90.26 UNCH. 90.26 89.36 90.26 89.36 90.26 COPPER (3-mo) 14:05 303.36 -4.17 303.45 301.91 307.54 301.91 303.36 COPPER (spot) 14:05 303.73 -4.85 303.73 302.12 308.58 302.12 303.73 LEAD (3-mo) 14:05 95.66 +0.02 95.66 94.53 95.64 94.53 95.66 LEAD (spot) 14:05 94.66 +0.02 94.66 93.58 94.63 93.58 94.66 NICKEL (3-mo) 14:05 856.16 -7.03 857.29 840.05 863.19 840.05 856.16 NICKEL (spot) 14:05 853.21 -7.39 854.80 837.56 860.60 837.56 853.21 TIN (3-mo) 14:05 1052.1 -2.27 1052.1 1042.1 1054.4 1042.1 1052.1 TIN (spot) 14:05 1051.1 -2.36 1051.1 1044.4 1053.5 1044.4 1051.1 ZINC (3-mo) 14:05 95.44 +0.73 95.44 93.89 94.71 93.89 95.44 ZINC (spot) 14:05 95.40 +0.65 95.40 93.87 94.76 93.87 95.40 LME STOCKS (06-06-14) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 5,160,575 38,460 63,740 167,775 283,992 191,375 10,950 701,825 -9,800 UNCH. UNCH. -150 -324 +1,000 +65 +1,450 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Jun' 14 13:13 305.30 -3.80 309.05/303.75 309.10 309.05 305.30 COPPER Jul' 14 13:13 305.10 -3.95 309.40/302.60 309.05 309.25 305.10 COPPER Sep' 14 13:13 305.00 -3.85 309.00/302.50 308.85 309.00 305.00 GOLD Aug' 14 13:41 1252.5 -0.80 1258.2/1245.7 1253.3 1253.7 1252.5 SILVER Jul' 14 13:57 18.991 -0.092 19.200/18.880 19.083 19.040 18.991 PLATINUM Jul' 14 13:13 1453.0 +7.90 1458.4/1442.9 1445.1 1447.8 1453.0 PALLADIUM Sep' 14 13:12 844.25 +4.80 845.90/836.70 839.45 839.70 844.25 STOCKS: Cu 16,440 +45 Gold 8,265,765 UNCH. Silver 175,654,477 -91,159 COPPER SCRAP 06-06-14 PRECIOUS METAL 06-06-14 13:42 DJ 16914 +78 NAS 4315 +18 #1 bare bright 302.00│H&H Gold: 1247.50 │CURRENCY 13:42 US$=EURO 0.7332 #1 burnt 297.00│H&H Silver: 19.010 │US$=MPES 12.9057 US$=CAN 1.0931 #2 refinery 278.00│Engelhrd: Pt 1458 Pd 849│US$=B£ 0.5953 US$=J¥ 102.5853 METALS FINISH OUT THE WEEK IN MIXED FASHION; U.S. JOBS DATA GIVES SUPPORT The complex went into the weekend mixed with some metals able to overcome negative trends from earlier today. A 217,000 spike in U.S. non-farm payrolls provided a modest boost, particularly since analysts forecasted a 210,000 rise. However, concerns about demand and overselling in China, due to the current government probe, capped gains and restricted some metals to negative territory. The biggest winner in today's action was aluminum. Despite getting off to a slow start, aluminum was propelled into positive territory following this morning's promising U.S. labor report. LME three-month metal finished out action at $1,879/mt, a level not seen in over a month. On the other hand, Friday proved bearish for copper, as London benchmark lost $6,700/mt support, sinking to a one-month low of $6,640/mt. The red metal is most impacted by the Chinese investigation into warehouse financing, as many investors fear it is a sign of lessening demand from the world's largest copper consumer. Nickel also experienced a weak day of trading, unable to extend Thursday's positive sentiment, with LME three-month metal settling negative at $18,875/mt. In recent weeks, tensions in the Ukraine have calmed down, lessening supply-side concerns for the market. As a result, nickel has often faltered from its bullish stance noted earlier in 2014. ═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2014, All rights Reserved.
  • 6. PEONY ONLINE, INC. MORNING MARKET REPORT FRI JUN 06, 2014 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 8:15 1838 -12 1838 1838 1850 1838 ALUMINUM (spot) 8:15 1817 -7.3 1817 1817 1824.3 1817 1817 N_A_ALLOY(3-mo) 8:15 2300 -90 2300 2300 2390 2300 N_A_ALLOY(spot) 8:15 2295 -92 2295 2295 2387 2295 2295 AL_ALLOY (3-mo) 8:15 1970 -20 1970 1970 1990 1970 AL_ALLOY (spot) 8:15 1970 -20 1970 1970 1990 1970 1970 COPPER (3-mo) 8:15 6656 -124 6656 6656 6780 6656 COPPER (spot) 8:15 6660.5 -142.5 6660.5 6660.5 6803 6660.5 6660.5 LEAD (3-mo) 8:15 2084 -24.5 2084 2084 2108.5 2084 LEAD (spot) 8:15 2063 -23.3 2063 2063 2086.3 2063 2063 NICKEL (3-mo) 8:15 18520 -510 18520 18520 19030 18520 NICKEL (spot) 8:15 18465 -508 18465 18465 18973 18465 18465 TIN (3-mo) 8:15 22975 -270 22975 22975 23245 22975 TIN (spot) 8:15 23025 -200 23025 23025 23225 23025 23025 ZINC (3-mo) 8:15 2070 -18 2070 2070 2088 2070 ZINC (spot) 8:15 2069.5 -19.5 2069.5 2069.5 2089 2069.5 2069.5 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 8:15 83.37 -0.54 83.37 83.37 83.91 83.37 ALUMINUM (spot) 8:15 82.42 -0.33 82.42 82.42 82.75 82.42 82.42 N_A_ALLOY(3-mo) 8:15 104.33 -4.08 104.33 104.33 108.41 104.33 N_A_ALLOY(spot) 8:15 104.10 -4.17 104.10 104.10 108.27 104.10 104.10 AL_ALLOY (3-mo) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36 AL_ALLOY (spot) 8:15 89.36 -0.91 89.36 89.36 90.26 89.36 89.36 COPPER (3-mo) 8:15 301.91 -5.62 301.91 301.91 307.54 301.91 COPPER (spot) 8:15 302.12 -6.46 302.12 302.12 308.58 302.12 302.12 LEAD (3-mo) 8:15 94.53 -1.11 94.53 94.53 95.64 94.53 LEAD (spot) 8:15 93.58 -1.06 93.58 93.58 94.63 93.58 93.58 NICKEL (3-mo) 8:15 840.05 -23.13 840.05 840.05 863.19 840.05 NICKEL (spot) 8:15 837.56 -23.04 837.56 837.56 860.60 837.56 837.56 TIN (3-mo) 8:15 1042.1 -12.25 1042.1 1042.1 1054.4 1042.1 TIN (spot) 8:15 1044.4 -9.07 1044.4 1044.4 1053.5 1044.4 1044.4 ZINC (3-mo) 8:15 93.89 -0.82 93.89 93.89 94.71 93.89 ZINC (spot) 8:15 93.87 -0.88 93.87 93.87 94.76 93.87 93.87 LME STOCKS (06-09-14) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 5,160,575 38,460 63,740 167,775 283,992 191,375 10,950 701,825 -9,800 UNCH. UNCH. -150 -324 +1,000 +65 +1,450 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Jun' 14 8:11 303.75 -5.35 309.05/303.75 309.10 309.05 COPPER Jul' 14 8:15 303.75 -5.30 309.40/302.60 309.05 309.25 COPPER Sep' 14 8:15 303.65 -5.20 309.00/302.50 308.85 309.00 GOLD Aug' 14 8:15 1253.9 +0.60 1256.9/1251.4 1253.3 1253.7 SILVER Jul' 14 8:15 19.055 -0.028 19.150/18.995 19.083 19.040 PLATINUM Jul' 14 8:15 1450.2 +5.10 1455.9/1442.9 1445.1 1447.8 PALLADIUM Sep' 14 8:15 842.95 +3.50 842.95/838.30 839.45 839.70 STOCKS: Cu 16,440 +45 Gold 8,265,765 UNCH. Silver 175,654,477 -91,159 COPPER SCRAP 06-06-14 PRECIOUS METAL 06-05-14 CURRENCY 8:00 #1 bare bright 301.00│H&H Gold: 1252.50 │US$=EURO 0.7332 #1 burnt 296.00│H&H Silver: 19.070 │US$=MPES 12.8565 US$=CAN 1.092 #2 refinery 277.00│Engelhrd: Pt 1445 Pd 848│US$=B£ 0.5944 US$=J¥ 102.345 WEAK OPENING FOR METALS BEFORE U.S. EMPLOYMENT DATA, CHINESE INVESTIGATION Base metals opened Friday's trading with losses across the board. Traders remain hesitant to invest ahead of the U.S. non-farm payroll report, due out 8:30 EST, which economists predict will show an increase of 210,000 jobs over the course of May. Also contributing to this feeling of caution, Chinese authorities are currently investigating allegations of fraudulently inflated metal inventories in the port of Qingdao. This not only indicates that China's demand for metals may have been overstated, but has also led to fears that Chinese companies may sell off their metal stocks, flooding the market. This was enough to give copper a negative opening, with Comex July and London benchmark starting the day at respective levels of $3.0925/lb and $6,785/mt. Red metal prices received little support from supply concerns as major U.S. mining company Newmont Mining Corp halted production in its Indonesian facilities in response to an export tax. Aluminum also slipped ahead of this morning's employment report. The start of trading saw its LME three-month below yesterday at $1,845/mt. Additionally, nickel was unable to extend yesterday's closing gains into this morning's sessions. London futures nickel opened at $19,090/mt, representing a loss from Thursday. ═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2014, All rights Reserved.
  • 7. PEONY ONLINE, INC. MIDDAY MARKET REPORT THU AUG 21, 2014 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 11:18 2069 -7 2069 2069 2076 2069 2069 ALUMINUM (spot) 11:18 2059 -5 2059 2058.5 2064 2058.5 2059 N_A_ALLOY(3-mo) 11:18 2310 UNCH. 2310 2305 2310 2305 2310 N_A_ALLOY(spot) 11:18 2281.5 +0.2 2281.5 2255.5 2281.3 2255.5 2281.5 AL_ALLOY (3-mo) 11:18 2070 +5 2070 2070 2065 2070 2070 AL_ALLOY (spot) 11:18 2054 +5.7 2055 2054 2048.3 2055 2054 COPPER (3-mo) 11:18 7042 +32 7042 6985 7010 6985 7042 COPPER (spot) 11:18 7065.5 +29 7065.5 7003 7036.5 7003 7065.5 LEAD (3-mo) 11:18 2259 UNCH. 2259 2249 2259 2249 2259 LEAD (spot) 11:18 2263 +2 2263 2254 2261 2254 2263 NICKEL (3-mo) 11:18 18900 -50 18900 18870 18950 18870 18900 NICKEL (spot) 11:18 18820 -47 18820 18730 18867 18730 18820 TIN (3-mo) 11:18 22325 -95 22350 22325 22420 22350 22325 TIN (spot) 11:18 22285 -92 22285 22275 22377 22275 22285 ZINC (3-mo) 11:18 2365 +9 2365 2354 2356 2354 2365 ZINC (spot) 11:18 2364.5 +7.7 2364.5 2351 2356.8 2351 2364.5 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 11:18 93.85 -0.32 93.85 93.85 94.17 93.85 93.85 ALUMINUM (spot) 11:18 93.39 -0.23 93.39 93.37 93.62 93.37 93.39 N_A_ALLOY(3-mo) 11:18 104.78 UNCH. 104.78 104.55 104.78 104.55 104.78 N_A_ALLOY(spot) 11:18 103.49 +0.01 103.49 102.31 103.48 102.31 103.49 AL_ALLOY (3-mo) 11:18 93.89 +0.23 93.89 93.89 93.67 93.89 93.89 AL_ALLOY (spot) 11:18 93.17 +0.26 93.21 93.17 92.91 93.21 93.17 COPPER (3-mo) 11:18 319.42 +1.45 319.42 316.83 317.97 316.83 319.42 COPPER (spot) 11:18 320.49 +1.32 320.49 317.65 319.17 317.65 320.49 LEAD (3-mo) 11:18 102.47 UNCH. 102.47 102.01 102.47 102.01 102.47 LEAD (spot) 11:18 102.65 +0.09 102.65 102.24 102.56 102.24 102.65 NICKEL (3-mo) 11:18 857.29 -2.27 857.29 855.93 859.56 855.93 857.29 NICKEL (spot) 11:18 853.66 -2.13 853.66 849.58 855.79 849.58 853.66 TIN (3-mo) 11:18 1012.7 -4.31 1013.8 1012.7 1017.0 1013.8 1012.7 TIN (spot) 11:18 1010.8 -4.17 1010.8 1010.4 1015.0 1010.4 1010.8 ZINC (3-mo) 11:18 107.27 +0.41 107.27 106.78 106.87 106.78 107.27 ZINC (spot) 11:18 107.25 +0.35 107.25 106.64 106.90 106.64 107.25 LME STOCKS (08-21-14) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 4,851,850 32,440 65,020 146,425 324,714 217,200 13,485 735,200 -11,500 -100 +2,200 +1,225 -126 +1,600 UNCH. -675 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Aug' 14 10:35 317.70 +0.30 317.70/316.00 317.40 316.00 COPPER Sep' 14 11:26 317.85 +0.15 318.45/314.95 315.70 317.00 COPPER Dec' 14 11:26 319.90 +0.15 320.45/317.15 319.75 319.65 GOLD Dec' 14 11:26 1277.9 -17.30 1292.0/1274.0 1295.2 1291.9 SILVER Sep' 14 11:26 19.355 -0.142 19.480/19.285 14.497 19.465 PLATINUM Oct' 14 11:26 1420.2 -9.00 1431.5/1414.0 1429.2 1426.7 PALLADIUM Sep' 14 11:24 874.05 +5.60 879.70/865.00 868.45 867.00 STOCKS: Cu 26,150 +268 Gold 9,855,020 UNCH. Silver 177,334,830 +1,172,515 COPPER SCRAP 08-21-14 PRECIOUS METAL 08-21-14 11:26 DJ 17053 +76 NAS 4525 -1 #1 bare bright 315.00│H&H Gold: 1275.25 │CURRENCY 11:25 US$=EURO 0.7528 #1 burnt 310.00│H&H Silver:19.510(08-20)│US$=MPES 13.10917 US$=CAN 1.0947 #2 refinery 290.00│Engelhrd: Pt 1422 Pd 884│US$=B£ 0.6027 US$=J¥ 103.7946 WEAK CHINESE ECONOMY KEEPS MOST METALS DOWN DESPITE UPBEAT U.S. DATA This morning's bearish trading is largely extending into present market activity, with most metal contracts headed towards lower ground. Disappointing overnight Chinese economic data continues to pull contracts downwards, even as promising U.S. news provides some support. Earlier today, data showed the U.S. Purchasing Managers' Index expanded from 55.8 in July to 58.0 in August, its fastest growth in over 4 years. Also, U.S. existing home sales increased 2.4% during July, reaching its highest level in almost a year and expanding for the fourth consecutive month. This further indicates the nation's economy is recovering in steady, sustainable fashion. This data was enough to pull copper out of this morning's downward spiral which was due to China's preliminary PMI issued last night, sending London benchmark past $7,000/mt resistance to an intra-day peak of $7,045.75/mt. Similarly, Comex September copper has also been able to edge upward, despite continuing pressure from the Chinese news, presently trading at $3.1785/lb. On the other hand, aluminum has been unable to maintain a positive footing. While holding above the $2,050/mt level, LME three-month aluminum is presently trading in the red at $2,068.5/mt. Switching to precious metals, the promising U.S. data diverted investors from gold's safe haven, sending Comex December as low as $1,274/troy ounce. Copyright © Peony Online, Inc., 2014, All rights Reserved.
  • 8. PEONY ONLINE, INC. AFTERNOON MARKET REPORT TUE AUG 04, 2015 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 1617 +5 1618 1614 1612 1614 1617 ALUMINUM (spot) 14:05 1581.8 +5 1583 1577.5 1576.8 1577.5 1581.8 N_A_ALLOY(3-mo) 14:05 1710 -5 1715 1700 1715 1700 1710 N_A_ALLOY(spot) 14:05 1684 -5 1689 1671 1689 1671 1684 AL_ALLOY (3-mo) 14:05 1675 +5 1680 1675 1670 1675 1675 AL_ALLOY (spot) 14:05 1671.8 +5.3 1677 1671.8 1666.5 1675 1671.8 COPPER (3-mo) 14:05 5235 +15 5235 5227 5220 5227 5235 COPPER (spot) 14:05 5229.8 +17.8 5229.8 5215.5 5212 5215.5 5229.8 LEAD (3-mo) 14:05 1737 +37 1737 1722 1700 1724 1737 LEAD (spot) 14:05 1732.5 +35.5 1732.5 1716 1697 1716 1732.5 NICKEL (3-mo) 14:05 10830 +85 10950 10830 10745 10890 10830 NICKEL (spot) 14:05 10780 +84 10900 10780 10696 10835 10780 TIN (3-mo) 14:05 15780 -225 16100 15780 16005 16100 15780 TIN (spot) 14:05 15796 -229 16150 15796 16025 16150 15796 ZINC (3-mo) 14:05 1918 +13 1927 1916 1905 1927 1918 ZINC (spot) 14:05 1911.8 +11.8 1926 1910 1900 1926 1911.8 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 73.35 +0.23 73.39 73.21 73.12 73.21 73.35 ALUMINUM (spot) 14:05 71.75 +0.23 71.80 71.55 71.52 71.55 71.75 N_A_ALLOY(3-mo) 14:05 77.56 -0.23 77.79 77.11 77.79 77.11 77.56 N_A_ALLOY(spot) 14:05 76.39 -0.23 76.61 75.80 76.61 75.80 76.39 AL_ALLOY (3-mo) 14:05 75.98 +0.23 76.20 75.98 75.75 75.98 75.98 AL_ALLOY (spot) 14:05 75.83 +0.24 76.07 75.83 75.59 75.98 75.83 COPPER (3-mo) 14:05 237.46 +0.68 237.46 237.09 236.78 237.09 237.46 COPPER (spot) 14:05 237.22 +0.81 237.22 236.57 236.41 236.57 237.22 LEAD (3-mo) 14:05 78.79 +1.68 78.79 78.11 77.11 78.20 78.79 LEAD (spot) 14:05 78.58 +1.61 78.58 77.84 76.97 77.84 78.58 NICKEL (3-mo) 14:05 491.24 +3.86 496.68 491.24 487.39 493.96 491.24 NICKEL (spot) 14:05 488.97 +3.81 494.42 488.97 485.16 491.47 488.97 TIN (3-mo) 14:05 715.77 -10.21 730.28 715.77 725.98 730.28 715.77 TIN (spot) 14:05 716.50 -10.39 732.55 716.50 726.88 732.55 716.50 ZINC (3-mo) 14:05 87.00 +0.59 87.41 86.91 86.41 87.41 87.00 ZINC (spot) 14:05 86.72 +0.54 87.36 86.64 86.18 87.36 86.72 LME STOCKS (08-04-15) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 3,423,250 13,040 50,020 347,500 457,926 216,475 6,540 430,800 -6,175 UNCH. -240 +975 -912 -2,300 -100 -2,000 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Aug' 15 13:25 236.50 +1.75 237.05/234.00 234.75 234.00 236.50 COPPER Sep' 15 13:25 236.20 +1.60 237.45/232.80 234.60 234.15 236.20 COPPER Dec' 15 13:25 237.45 +1.55 238.70/234.10 235.90 235.45 237.45 GOLD Dec' 15 13:43 1090.7 +1.30 1094.4/1080.2 1089.4 1085.3 1090.7 SILVER Sep' 15 13:44 14.557 +0.042 14.625/14.345 14.515 14.450 14.557 PLATINUM Oct' 15 13:09 958.5 -8.60 963.1/945.4 967.1 961.5 958.5 PALLADIUM Sep' 15 13:03 598.60 -4.60 604.00/586.55 603.20 596.00 598.60 CRUDE OIL Oct' 15 13:45 46.15 +0.59 46.58/45.70 45.56 45.79 STOCKS: Cu 37,283 UNCH. Gold 7,570,807 -1,477 Silver 174,630,337 -1,040,433 COPPER SCRAP 08-04-15 PRECIOUS METAL 08-04-15 13:45 DJ 17687 -30 NAS 5111 -4 #1 bare bright 233.00│H&H Gold: 1090.65 │CURRENCY 13:45 US$=EURO 0.915 #1 burnt 225.00│H&H Silver: 14.630 │US$=MPES 16.2379 US$=CAN 1.3153 #2 refinery 206.00│Engelhrd: Pt 957 Pd 601 │US$=B£ 0.6415 US$=J¥ 124.11 CHINESE EQUITIES, WEAKER DOLLAR BOOST MOST METALS; LONG-TERM GAINS UNLIKELY A weaker U.S. dollar buoyed today's action, yielding a positive, albeit modest, close for most base metals. Looking ahead, market watchers are more cautious than optimistic about the future for commodities, as today's settlement was largely the result of short-covering and China's economy remains uncertain at best. Nevertheless, red metal contracts ended Tuesday in the black. London benchmark and Comex September copper settled at respective levels of $5,235/mt and $2.362/lb. The market may be able to extend this slight upbeat trading pattern if the greenback continues to slump, but long-term upward momentum will be a struggle until investors gain more confidence about Chinese demand. The biggest winner proved to be lead. After hitting a five-year low Monday, three-month metal rode bargain hunting to break through $1,700/mt resistance and close near its intra-day peak at $1,737/mt. Although a probe of $1,750/mt is possible, this level could trigger some profit-taking. Lead's upbeat sentiment spread to zinc contracts, which recovered $1,900/mt support and closed in the black at $1,918/mt. Tin proved to be Tuesday's biggest exception. The market peaked at $16,115/mt only to falter on technical sell-offs and close at $15,780/mt. However, the ongoing Indonesian export slowdown could boost tin in the near future. Copyright © Peony Online, Inc., 2015, All Rights Reserved.
  • 9. PEONY ONLINE, INC. MIDDAY MARKET REPORT WED MAR 25, 2015 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 12:18 1773 -18 1773 1772 1791 1772 1773 ALUMINUM (spot) 12:18 1766 -15.8 1766 1764 1781.8 1764 1766 N_A_ALLOY(3-mo) 12:18 1910 -15 1910 1890 1925 1890 1910 N_A_ALLOY(spot) 12:18 1894.5 -15.3 1894.5 1875 1909.8 1875 1894.5 AL_ALLOY (3-mo) 12:18 1750 -22.5 1750 1750 1772.5 1750 1750 AL_ALLOY (spot) 12:18 1731 -22.3 1731 1730 1753.3 1730 1731 COPPER (3-mo) 12:18 6113 -32 6113 6110 6145 6110 6113 COPPER (spot) 12:18 6138 -36 6138 6134.5 6174 6134.5 6138 LEAD (3-mo) 12:18 1841 -9 1841 1832 1850 1832 1841 LEAD (spot) 12:18 1838.5 -14.5 1838.5 1830 1853 1830 1838.5 NICKEL (3-mo) 12:18 13675 -275 13750 13675 13950 13750 13675 NICKEL (spot) 12:18 13625 -282.5 13680 13625 13907.5 13680 13625 TIN (3-mo) 12:18 17450 -100 17450 17450 17550 17450 17450 TIN (spot) 12:18 17405 -102 17405 17400 17507 17400 17405 ZINC (3-mo) 12:18 2080 -6 2080 2076.5 2086 2076.5 2080 ZINC (spot) 12:18 2070 -6.8 2070 2065.5 2076.8 2065.5 2070 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 12:18 80.42 -0.82 80.42 80.38 81.24 80.38 80.42 ALUMINUM (spot) 12:18 80.10 -0.72 80.10 80.01 80.82 80.01 80.10 N_A_ALLOY(3-mo) 12:18 86.64 -0.68 86.64 85.73 87.32 85.73 86.64 N_A_ALLOY(spot) 12:18 85.93 -0.69 85.93 85.05 86.63 85.05 85.93 AL_ALLOY (3-mo) 12:18 79.38 -1.02 79.38 79.38 80.40 79.38 79.38 AL_ALLOY (spot) 12:18 78.52 -1.01 78.52 78.47 79.53 78.47 78.52 COPPER (3-mo) 12:18 277.28 -1.45 277.28 277.15 278.73 277.15 277.28 COPPER (spot) 12:18 278.42 -1.63 278.42 278.26 280.05 278.26 278.42 LEAD (3-mo) 12:18 83.51 -0.41 83.51 83.10 83.91 83.10 83.51 LEAD (spot) 12:18 83.39 -0.66 83.39 83.01 84.05 83.01 83.39 NICKEL (3-mo) 12:18 620.29 -12.47 623.69 620.29 632.76 623.69 620.29 NICKEL (spot) 12:18 618.02 -12.81 620.52 618.02 630.83 620.52 618.02 TIN (3-mo) 12:18 791.52 -4.54 791.52 791.52 796.06 791.52 791.52 TIN (spot) 12:18 789.48 -4.63 789.48 789.25 794.11 789.25 789.48 ZINC (3-mo) 12:18 94.35 -0.27 94.35 94.19 94.62 94.19 94.35 ZINC (spot) 12:18 93.89 -0.31 93.89 93.69 94.20 93.69 93.89 LME STOCKS (03-25-15) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 3,969,175 26,300 72,780 342,625 433,980 237,275 10,095 520,175 -6,725 -180 -700 +350 +2,490 -500 -70 -25 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Mar' 15 12:07 280.05 -1.45 281.00/280.00 281.50 280.50 COPPER May' 15 12:20 278.75 -1.55 280.80/277.30 280.30 279.40 COPPER Jul' 15 12:19 278.75 -1.40 280.00/277.25 280.15 279.00 GOLD Apr' 15 12:20 1196.2 +4.80 1199.3/1186.1 1191.4 1192.5 SILVER May' 15 12:20 16.985 +0.002 17.140/16.840 16.983 16.935 PLATINUM Apr' 15 12:20 1145.7 +4.20 1151.4/1135.1 1141.5 1138.9 PALLADIUM Jun' 15 12:18 763.75 +0.05 769.75/761.70 763.70 763.00 CRUDE OIL May' 15 12:20 48.29 +0.78 48.44/47.00 47.51 47.72 *** NYMEX CRUDE OIL PRICE WILL NOW BE INCLUDED ON ALL MARKET REPORTS *** STOCKS: Cu 24,744 -111 Gold 7,887,973 -25,720 Silver 175,346,868 +535,426 COPPER SCRAP 03-25-15 PRECIOUS METAL 03-25-15 12:25 DJ 17810 -201 NAS 4912 -83 #1 bare bright 277.00│H&H Gold: 1195.60 │CURRENCY 12:25 US$=EURO 0.911 #1 burnt 268.00│H&H Silver: 17.075 │US$=MPES 14.9443 US$=CAN 1.2524 #2 refinery 250.00│Engelhrd: Pt 1147 Pd 770│US$=B£ 0.6709 US$=J¥ 119.408 UNEXPECTED DROP IN U.S. DURABLE GOODS ORDERS WEIGHING BASE METALS DOWNWARD Fears of a waning metals appetite in the world's top two consumers, the U.S. and China, are preventing base metals from attaining positive ground in present trading. Still, the market has found some support from hopes that China will enact new stimulus programs, as well as the weaker tone in the U.S. dollar. The U.S. Commerce Department reported a 1.4% decrease in big-ticket manufactured goods orders during February. This falls short of the 0.2% increase predicted by economists and indicates that U.S. companies are hesitant to spend. This data has prevented copper from reaching higher regions. Though it has recovered $6,100/mt support after dropping to a $6,080/mt intra-day low, London benchmark copper is still in the red at $6,113/mt. While also largely favoring the downside, Comex May copper is showing a more rangebound pattern, trading between $2.773/lb and $2.808/lb. Lead has also been confined to negative territory, a reversal after riding canceled warrants to sharp gains earlier this week, now trading at $1,841/mt. In precious metals, Comex April gold is gaining traction on the sliding greenback and purchasing data, peaking near $1,200/troy ounce. ═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2015, All Rights Reserved.
  • 10. PEONY ONLINE, INC. AFTERNOON MARKET REPORT WED MAR 25, 2015 ═════════════════ LONDON METAL EXCHANGE (RING CONTRIBUTOR) ══════════════════ Contract(US$/mt) Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 1775 -16 1775 1772 1791 1772 1775 ALUMINUM (spot) 14:05 1769 -12.8 1769 1764 1781.8 1764 1769 N_A_ALLOY(3-mo) 14:05 1915 -10 1915 1890 1925 1890 1915 N_A_ALLOY(spot) 14:05 1899.5 -10.3 1899.5 1875 1909.8 1875 1899.5 AL_ALLOY (3-mo) 14:05 1745 -27.5 1750 1745 1772.5 1750 1745 AL_ALLOY (spot) 14:05 1726 -27.3 1731 1726 1753.3 1730 1726 COPPER (3-mo) 14:05 6125 -20 6125 6110 6145 6110 6125 COPPER (spot) 14:05 6149.5 -24.5 6149.5 6134.5 6174 6134.5 6149.5 LEAD (3-mo) 14:05 1846 -4 1846 1832 1850 1832 1846 LEAD (spot) 14:05 1842 -11 1842 1830 1853 1830 1842 NICKEL (3-mo) 14:05 13680 -270 13750 13675 13950 13750 13680 NICKEL (spot) 14:05 13629 -278.5 13680 13625 13907.5 13680 13629 TIN (3-mo) 14:05 17395 -155 17450 17395 17550 17450 17395 TIN (spot) 14:05 17344 -163 17405 17344 17507 17400 17344 ZINC (3-mo) 14:05 2081 -5 2081 2076.5 2086 2076.5 2081 ZINC (spot) 14:05 2070.8 -6 2070.8 2065.5 2076.8 2065.5 2070.8 Contract(Cents/lb)Time Last +/- High Low Prev_Cls Open Settle ALUMINUM (3-mo) 14:05 80.51 -0.73 80.51 80.38 81.24 80.38 80.51 ALUMINUM (spot) 14:05 80.24 -0.58 80.24 80.01 80.82 80.01 80.24 N_A_ALLOY(3-mo) 14:05 86.86 -0.45 86.86 85.73 87.32 85.73 86.86 N_A_ALLOY(spot) 14:05 86.16 -0.47 86.16 85.05 86.63 85.05 86.16 AL_ALLOY (3-mo) 14:05 79.15 -1.25 79.38 79.15 80.40 79.38 79.15 AL_ALLOY (spot) 14:05 78.29 -1.24 78.52 78.29 79.53 78.47 78.29 COPPER (3-mo) 14:05 277.83 -0.91 277.83 277.15 278.73 277.15 277.83 COPPER (spot) 14:05 278.94 -1.11 278.94 278.26 280.05 278.26 278.94 LEAD (3-mo) 14:05 83.73 -0.18 83.73 83.10 83.91 83.10 83.73 LEAD (spot) 14:05 83.55 -0.50 83.55 83.01 84.05 83.01 83.55 NICKEL (3-mo) 14:05 620.52 -12.25 623.69 620.29 632.76 623.69 620.52 NICKEL (spot) 14:05 618.20 -12.63 620.52 618.02 630.83 620.52 618.20 TIN (3-mo) 14:05 789.02 -7.03 791.52 789.02 796.06 791.52 789.02 TIN (spot) 14:05 786.71 -7.39 789.48 786.71 794.11 789.25 786.71 ZINC (3-mo) 14:05 94.39 -0.23 94.39 94.19 94.62 94.19 94.39 ZINC (spot) 14:05 93.93 -0.27 93.93 93.69 94.20 93.69 93.93 LME STOCKS (03-25-15) (metric ton) Aluminum Al Alloy NA_Alloy Copper Nickel Lead Tin Zinc 3,969,175 26,300 72,780 342,625 433,980 237,275 10,095 520,175 -6,725 -180 -700 +350 +2,490 -500 -70 -25 ════════════════════════════════ COMEX/NYMEX ════════════════════════════════ Contract Time Last +/- High/Low Prev_Cls Open Settle COPPER Mar' 15 13:26 280.50 -1.00 281.00/280.00 281.50 280.50 280.50 COPPER May' 15 13:26 279.20 -1.10 280.80/277.30 280.30 279.40 279.20 COPPER Jul' 15 13:26 279.15 -1.00 280.00/277.25 280.15 279.00 279.15 GOLD Apr' 15 13:47 1197.0 +5.60 1199.3/1186.1 1191.4 1192.5 1197.0 SILVER May' 15 13:48 17.000 +0.017 17.140/16.840 16.983 16.935 17.000 PLATINUM Apr' 15 13:11 1146.5 +5.00 1151.4/1135.1 1141.5 1138.9 1146.5 PALLADIUM Jun' 15 13:12 765.40 +1.70 769.75/761.70 763.70 763.00 765.40 CRUDE OIL May' 15 13:50 49.27 +1.76 49.39/47.00 47.51 47.72 *** NYMEX CRUDE OIL PRICE WILL NOW BE INCLUDED ON ALL MARKET REPORTS *** STOCKS: Cu 24,744 -111 Gold 7,887,973 -25,720 Silver 175,346,868 +535,426 COPPER SCRAP 03-25-15 PRECIOUS METAL 03-25-15 13:45 DJ 17826 -186 NAS 4912 -82 #1 bare bright 277.00│H&H Gold: 1195.60 │CURRENCY 13:45 US$=EURO 0.9118 #1 burnt 268.00│H&H Silver: 17.075 │US$=MPES 14.9758 US$=CAN 1.2518 #2 refinery 250.00│Engelhrd: Pt 1147 Pd 770│US$=B£ 0.6717 US$=J¥ 119.504 BASE METALS FINISH IN THE RED; TRADERS FEAR SHRINKING DEMAND IN U.S., CHINA Data hinting that U.S. and China may both be losing their appetites for metals put substantial downward pressure on the market, sending base metals to a uniformly negative closing. However, a declining U.S. dollar and hopes that the Chinese government would implement new stimulus measures provided support, minimizing the downside. London benchmark copper was unable to reach the black during Wednesday's sessions. After dipping below $6,100/mt support earlier, the contract exhibited a rangebound pattern in late-day trade, settling at $6,125/mt. Though Comex May copper briefly touched profitable ground above $2.80/lb, the contract remained confined to a narrow, largely negative range throughout sessions, closing at $2.792/lb. After spending much of last week drifting downward, LME three-month nickel made some solid upward progress during Monday's sessions. Profit taking, on top of today's complex-wide sell-offs, sent the contract below its $14,015/mt intra-day high to close below $13,750/mt support. Though its losses were less profound, tin was unable to sustain positive territory, finishing today at $17,395/mt. ═════════════════════════════════════════════════════════════════════════════ Copyright © Peony Online, Inc., 2015, All Rights Reserved.
  • 11. An Information Network For Scrap Metals Peony Online, Inc., info@peonyinc.com Tel: (201) 802-1800 Fax: (201) 802-1888 Introducing Instant Quote - FREE to Peony's C/B/E subscribers! Dear Peony Subscriber: You asked to be listed daily; you asked to list more materials; you asked to list plastic and paper scrap and used machinery ... These requests and more will be satisfied by Peony's Instant Quote -another exciting new feature, giving Peony's C/B/E (Consumer/Broker/Exporter Prices Report) subscribers an added value at no additional cost. On the Smartphone-optimized web-based Instant Quote, you can • List as many materials as you want as often as you want; • List with detailed descriptions and email pictures; • List, update, revise, view and respond at any time, anywhere; • List any materials including non-metal scrap such as plastics, paper, rubber, oil and used machinery; • And more... All C/B/E subscribers are welcome to view and post to Instant Quote. Exclusive Instant Quote Members: For those who agree to post to Instant Quote exclusively will receive Exclusive Membership for which they enjoy the following additional benefits: • Each exclusive member has its own platform where the company can advertise its business and products; The platform is updated by the exclusive member itself; • All exclusive members’ listings are in bold and color; • Clicking on any single entry by an exclusive member will lead to its platform where all listings by all users under the company are shown; • All exclusive members’ logos will rotate in the banner of Peony’s web site, clicking on which will connect to the companies’ web sites. Exclusive Membership is free to all C/B/E subscribers, as long as they meet the following criteria: 1. They agree to post on Instant Quote and Peony’s C/B/E exclusively, not to quote in a similar way on any other similar web sites or price reports, for the duration of their subscription to Peony. 2. They must update their prices as they change, daily or at least weekly. All prices must be real. For those who wish to enjoy the benefits of the Exclusive Membership but are not in a position to give Peony the exclusivity of postings, an annual fee of $800 (in addition to $540 for C/B/E) will apply in order to compensate for the extensive promotional work that entails. Please do not hesitate to contact Peony if you have any questions. Thank you for using Peony – the most widely distributed scrap price service in the industry! Sincerely, Peony Online, Inc. MetalExchangeDirect.com ___ I'd like to have my id/password to view/respond/post to Instant Quote ___ I'd like to have my Exclusive Membership for Instant Quote SUBSCRIBER_____________________ COMPANY___________________________ PHONE ________________________ FAX. _______________________________ EMAIL ___________________________________________________________ Fax to (201) 802-1888
  • 12. Dear Sir/Madam: Thanks so much for your interest in Peony Online! For over twenty years, Peony has developed a reputation for providing the scrap metal industry with the most accurate, up to date and widely read pricing information. We’d love to introduce you to the various services we have to offer. Our latest innovation is Peony’s Instant Quote: a new, web-based, smartphone- optimized forum giving our subscribers an individualized platform to post any materials they have to buy or sell with NO LIMIT to what you can post! Each subscriber can list as many materials as they want, as often as they want, revise them as necessary and post any materials they’re looking to buy or sell – even non-metallic items. With over 3,000 subscribers in North America, Peony’s Consumer/Broker/Exporter Report (C/B/E) has become the industry standard for gauging scrap metal pricing. Every morning, we fax or email a one-page list of 70 verified buying prices divided into three sections: Aluminum, Copper/Brass and Other (stainless steel, high-temp, e-scrap, etc.). We’re the ONLY information service in the industry to provide daily accurate quotes alongside the buyer’s contact name, delivery basis, company, phone number and, for email subscribers, live links to their email addresses. Plus, we only list subscribers, so getting this report could give you exposure to every company in the industry at no additional cost! Easy to navigate and inexpensive to use, MetalExchangeDirect.com gives users all the information they need on the metals commodities markets. In addition to live updates from the LME and Comex, our web service provides a detailed pricing history for each contract as well as a daily copper scrap index, news commentaries on metal market trends, currency conversion rates, futures exchanges from India and Shanghai, and much, much more. An annual subscription to the C/B/E is $540 which includes Instant Quote as a value- added service; Metal Exchange Direct is a separate service costing $450 per year, the least expensive in the industry. To sign up, fax the included form to 201-802-1888 or visit www.metalexchangedirect.com Your subscription will begin immediately and we will bill you at a later time. Please do not hesitate to contact us with any questions or concerns. Thanks again for your interest in Peony: The Industry Standard In Scrap Metal Pricing. Sincerely, MetalExchangeDirect.com A Service of Peony Online, Inc. www.metalexchangedirect.com info@metalexchangedirect.com Tel (201) 802-1800 Fax (201) 802-1888