May 2017

METAL BULLETIN DAILY PDFs

Daily PDFs will be downloadable until Monday May 29. After that, because of the UK’s Spring bank holiday, the next daily PDF will be downloadable on Wednesday May 31.

SHANGHAI DERIVATIVES MARKET FORUM: Environmental protection policies influence metal – CNIA

Environmental protection policies have a great influence on the metals industry, the director of the energy, conservation and environmental protection department of the China Nonferrous Metals Industry Assn, Shao Zhuqiang, told delegates at the Shanghai Derivatives Market Forum this week.

LIVE FUTURES REPORT 26/05: Grasberg layoffs support LME copper prices

London Metal Exchange base metal prices traded largely flat in low volumes over the morning of Friday May 26, with copper supported over $5,700 per tonne.

LIVE FUTURES REPORT 26/05: SHFE copper inventories rise slightly; zinc stocks plunge

Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses have risen 2,227 tonnes or 1.1% over the past week to 198,585 tonnes as of Friday May 26.

SHFE vs LME physical arbitrage 26/05: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday May 26*

LIVE FUTURES REPORT 26/05: LME base metals prices higher but oil drop checks gains

Base metals prices on the London Metal Exchange were higher at the start of trading in London on Friday May 26, but gains were checked by the drop in crude oil prices, a stronger dollar and thin volumes ahead of global holidays.

METALS MORNING VIEW 26/05: Base metals edge higher, most look well placed

Base metals prices are little changed this morning, Friday May 26, with three-month prices on the London Metal Exchange up an average of 0.2%.

EUROPEAN MORNING BRIEF 26/05: Paranapanema debt deal; NIF-union tensions easing; US copper scrap prices

Good morning from Metal Bulletin’s offices in Shanghai, bringing the latest news and pricing stories on Friday May 26.

LIVE FUTURES REPORT 26/05: Oil price drop puts lid on SHFE copper prices

Base metals prices on the Shanghai Futures Exchange were mostly lower during Asian morning trade on Friday May 26 with the drop in crude oil prices putting a lid on copper prices.

Paranapanema to sign deal with creditors, announce new shareholder in June

Brazilian copper producer Paranapanema is finalising a deal for a definitive debt restructuring and for fresh capital injection, which includes the entrance of a new international shareholder.