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  4. Bolsa de Valores de Sao Paulo
  5. Vale S.A.
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    VALE3   BRVALEACNOR0

VALE S.A.

(VALE3)
  Report
End-of-day quote. End-of-day quote Bolsa de Valores de Sao Paulo - 08/02
108.93 BRL   +0.16%
07/30VALE S A : Report of Governance 2021
PU
07/30VALE S A : UBS Adjusts Vale's Price Target to $24 From $22, Maintains Buy Rating
MT
07/29VALE S A : Polymetal International plc - Ollie Oliveira appointment at Vale S.A.
AQ
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Copper prices at 7-week low on Chinese crackdown fears

06/14/2021 | 11:58pm EDT

HANOI, June 15 (Reuters) - Copper prices dropped on Tuesday to their lowest since April 26, weighed down by investor fears over measures Chinese authorities could take to curb a recent price rally in commodities.

Three-month copper on the London Metal Exchange fell as much as 2.9% to $9,680 a tonne, while the most-traded July copper contract on the Shanghai Futures Exchange hit its lowest since April 23 at 69,500 yuan ($10,852.08) a tonne.

China's state planner last week renewed its pledge to step up monitoring of commodity prices, as domestic producer inflation hit its highest in more than 12 years.

Market talks expected China to release state reserves of copper, aluminium and zinc while also possibly trim long positions and crackdown price speculative activities.

FUNDAMENTALS

* A union representing striking workers from Vale SA's Sudbury, Canada, nickel mine recommended that its members reject the Brazilian company's latest offer.

* LME aluminium fell 1.3% to $2,460.50 a tonne at 0340 GMT, nickel declined 2.8% to $17,970 a tonne and tin shed 2.2% at $30,950 a tonne.

* ShFE aluminium declined 0.2% to 18,790 yuan a tonne, nickel lost 1.5% to 131,570 yuan a tonne and tin dropped 2.2% to 205,300 yuan a tonne.

MARKETS NEWS

* Asian shares rose early, tracking Wall Street higher, though investors looked to a much-anticipated Federal Reserve policy meeting to see if the central bank would signal any change to the U.S. monetary policy outlook.

DATA/EVENTS (GMT)

0600 Germany HICP Final YY May

0600 UK Claimant Count Unem Chng May

0600 UK ILO Unemployment Rate April

0645 France CPI (EU Norm) Final MM, YY May

1000 EU Reserve Assets Total May

1230 US Retail Sales MM May

1315 US Industrial Production MM May

-- US Federal Reserve's Federal Open Market

Committee meets on interest rates

($1 = 6.4043 yuan) (Reporting by Mai Nguyen, Editing by Sherry Jacob-Phillips)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
S&P 500 -0.18% 4387.16 Delayed Quote.17.02%
S&P GSCI ALUMINUM INDEX -0.50% 164.2929 Delayed Quote.32.41%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.02% 6.4607 Delayed Quote.-0.51%
VALE S.A. 0.16% 108.93 End-of-day quote.24.56%
All news about VALE S.A.
07/30VALE S A : Report of Governance 2021
PU
07/30VALE S A : UBS Adjusts Vale's Price Target to $24 From $22, Maintains Buy Rating
MT
07/29VALE S A : Polymetal International plc - Ollie Oliveira appointment at Vale S.A.
AQ
07/29Vale Sees Demand for Nickel From Steel, EVs -- Commodity Comment
DJ
07/29Vale S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
07/29VALE S A : Performance in 2Q21 USD - xls
PU
07/29VALE S A : Performance in 2Q21
PU
07/28Tranche Update on Vale S.A.'s Equity Buyback Plan announced on April 27, 2021..
CI
07/28Vale 2Q Net Income Jumped to $7.6 Billion From $995 Million on Higher Prices
DJ
07/28VALE S A : Dados Econômico-Financeiros
PU
More news
Financials (USD)
Sales 2021 62 690 M - -
Net income 2021 27 857 M - -
Net cash 2021 6 213 M - -
P/E ratio 2021 3,22x
Yield 2021 11,1%
Capitalization 106 B 107 B -
EV / Sales 2021 1,59x
EV / Sales 2022 1,70x
Nbr of Employees 74 316
Free-Float 91,4%
Chart VALE S.A.
Duration : Period :
Vale S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VALE S.A.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 21,05 $
Average target price 25,87 $
Spread / Average Target 22,9%
EPS Revisions
Managers and Directors
Eduardo De Salles Bartolomeo Chief Executive Officer
JosÚ MaurÝcio Pereira Coelho President & Director
Luciano Siani Pires Executive VP-Finance & Investor Relations
Denis Cuenca Chief Compliance Officer
Lucio Azevedo Independent Director
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