April 2018

SHFE vs LME physical arbitrage 20/04: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday April 20*

METALS MORNING VIEW 20/04: Metals witness unsurprising profit-taking

Base metals traded on the London Metal Exchange have come under downward pressure this morning, Friday April 20, with the complex posting an average loss of 1.1% amid healthy trading volumes.

EUROPEAN MORNING BRIEF 20/04: Most SHFE base metals reverse Thursday’s gains; China’s run-of-mine iron ore output; US copper scrap spreads tighten

Good morning from Metal Bulletin’s office in Shanghai as we bring you the latest news and pricing stories on Friday April 20.

LIVE FUTURES REPORT 20/04: Most SHFE base metals reverse Thursday’s gains; tin prices supported

Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Friday April 20, the exception being tin, which was marginally up on supply concerns due to export issues in Indonesia.

PEOPLE MOVES: Workers' federation at Codelco names new board of directors

Chile’s Copper Workers Federation (FTC), which represents workers employed by state-owned copper miner Codelco, has appointed Juan Olguín president for a term that will last until 2022, it said on Thursday April 19.

LIVE FUTURES REPORT 19/04: LME Ali volume hits record-high; nickel, Ali price surge slows

Base metal prices were lower on the London Metal Exchange at the close of trading on Thursday April 19, despite aluminium volumes reaching a record-high 41,000 lots.

LIVE FUTURES REPORT 19/04: Comex copper price retreats after midweek surge

Comex copper prices consolidated in the US morning on Thursday April 19 amid a bout of technical selling, although the outlook remains positive with demand expected to peak in the next few months.

China announces total ban on category-7 copper scrap imports by end of 2018

A complete ban on imports of category-7 copper scrap will be implemented by the end of this year, the Chinese government said on Thursday April 19.

South Korea’s PPS to buy 500t of copper

South Korea’s Public Procurement Service (PPS) has floated a tender to procure 500 tonnes of copper cathode, according to the state agency’s notice on April 17.

SHFE vs LME physical arbitrage 19/04: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Thursday April 19*