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564 MT · Daily LME Report

LME Nickel Stocks down 564 MT to 274,284 MT

Have a super weekend

Indications

The information listed below is provided free of charge. Although this information is believed to be accurate and reliable, it is aggregated from several sources and thus cannot be guaranteed.

Nickel 3 month $7.647

Cash Last $7.564

Euro 1.143

Yen 162.36

gold $3994.29

silver $55.45

Copper LME $6.069

Copper Comex $6.166

Cobalt $ 27.50-30.00

Zinc $ 1.611

Tin $ 23.43

Crude $ 80.84 up 1.50%

Dow Jones down .20%

FTSE 100 down .10%

Dax down .53%

Hang Seng down 1.78%

Nikkei down 4.03%

U.S. Dollar index 100.81 up .04%

Quote of the Day

What wisdom can you find that is greater than kindness?
— Jean-Jacques Rousseau

Word of the Day

Today’s Word of the Day is: eschewed, meaning “deliberately avoided or shunned.”

Trivia

What is the singular of "spaghetti"?

Answer: at bottom of page under good read.

News of Interest

Markets: Stocks tumbled yesterday, as investors decided that it was one of those days when they remember they’re kinda scared of the AI boom. Chip stocks were particularly clobbered, with Intel continuing a monthlong slide.

 

🥬 Cyclosporiasis outbreak linked to Taylor Farms lettuce sent to Taco Bell. The Centers for Disease Control and Prevention linked the multistate outbreak of Cyclospora infections to shredded iceberg lettuce provided to Taco Bell by Taylor Farms, according to two unnamed officials who spoke to the New York Times. Last night, Taco Bell released a statement saying it was voluntarily removing potentially infected lettuce it received from a supplier in select states. It didn’t name the lettuce provider, but said that another vendor would replace it. A spokeswoman for Taylor Farms did not reply to the NYT’s request for comment. The CDC has not publicly named Taylor Farms as part of its investigation, but it did release a post last night warning the public not to eat shredded iceberg lettuce from Taco Bell restaurants in Indiana, Kentucky, Michigan, Ohio, and West Virginia.

 

Smoke Over America

Millions of Americans are under air quality alerts this week as more than 800 wildfires continue to rage across Canada. See a map of the affected areas.

The wildfires are not due to a single cause and can be exacerbated by seasonal conditions, including drought and warm weather. Some were sparked by lightning, which can strike hard-to-reach areas of Canada’s forests and is responsible for most of the total area burned in Canada. As fine particles enter the atmosphere, they can drift farther south. Chicago, Detroit, and New York ranked among the top five worst cities for air quality yesterday, with NYC officials working to distribute KN95 masks to commuters. See photos of smoky skies over New York.

In areas with poor air quality, people are encouraged to stay indoors and run air-filtration systems if possible

Engineers create the "Phantom Twist," a drone that spins up to 25 times per second, making it nearly invisible to the human eye; previous efforts to create invisible drones focused on blending them into their surroundings (More, w/video) 

 

 

Nickel & Related Metal News

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Good Read

Answer to today's trivia question: Spaghetto