The Indonesian trade ministry has set out changes to its regulations on tin exports, including tighter controls on solder and other non-ingot products, to come into effect on November 1.
The London Metal Exchange copper price saw limited declines during Asian morning trading on Tuesday July 29 as China eased regulations on home purchases and investors awaited cues from the US Federal Reserve.
Nickel prices dropped during kerb trading on Monday July 28, on fund selling as the metal failed to gain momentum following an increase in prices last week.
Undisputedly, the biggest story for base metals in the second quarter of 2014 was the disclosure of a probe at the port of Qingdao into alleged fraud involving the use of copper and aluminium warehouse receipts multiple times to raise finance.
What will market participants be focusing on this week and what will be driving prices? The Metal Bulletin team takes a look at the week ahead.
HOTTER ON METALS: Russia needs the WTO
Sanctions would make life difficult, but not impossible, for Russian businesses. What might conceivably make life a lot harder would be if Russia got kicked out of the World Trade Organization (WTO).
HOTTER ON METALS: US sanctions? Get a licence
US sanctions impacting the Russian metals trade are not yet a reality, but let’s pretend they are.
HOTTER ON METALS: Russian sanctions costly for all
Economic interdependence between Russia and the European Union means sanctions carry a price to both sides.
Has the Fanya Metal Exchange removed volatility from the minor metals markets?
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