January 2017

WEEK IN BRIEF: Indonesian ore exports; Rio output; alumina benchmark slides; moly slips; cobalt prices surge; Trump Special

Metal Bulletin rounds up some of the key news and price moves from a busy five days in the world’s metal markets.

LIVE FUTURES REPORT 20/01: LME Al, lead prices end on positive note; tin, nickel slide

Base metals prices finished the week mixed on Friday January 20, with aluminium the standout performer as it surged to highs last seen in May 2015.

HOTTER ON METALS: The nuances of LME volumes

It’s been around 20 months since the London Metal Exchange first revealed its intention to deliver more transparency and greater market participation.

Codelco seeks partner to develop lithium projects in Chile

Codelco has opened a process to select partners to jointly develop two lithium projects in Chile’s northern region of Atacama, the state-run miner said on Friday January 20.

LIVE FUTURES REPORT 20/01: LME Al price jumps; Goldman Sachs and Macquarie warn of supply disruptions

The LME aluminium price pushed higher during Friday January 20 trading after talks of a Chinese supply cut prompted deficit worries and spooked the market.

LIVE FUTURES REPORT 20/01: Comex copper drifts lower despite strong Chinese growth

Comex copper prices were on pace to end the trading week on a depressed tone with a swath of positive Chinese data unable to jolt the red metal.

PRICING NOTICE: Outcome of consultation on merging Metal Bulletin and FastMarkets base metals premiums

Metal Bulletin has made a few final changes to its original proposal to amend some of its base metal premiums following a consultation on the merging of premiums published by both FastMarkets and Metal Bulletin.

PRICING NOTICE: How Metal Bulletin base metals prices will be amended after the FastMarkets acquisition [UPDATED]

Metal Bulletin is proposing to amend a number of Metal Bulletin base metals prices following its acquisition of FastMarkets and a review of overlapping premiums published by both companies.

LME will apply for FCA waiver to continue with deferred reporting

The London Metal Exchange will apply to the Financial Conduct Agency (FCA) for a waiver to allow the bourse to continue to defer reporting of large option trades by two business days, it said on Friday January 20.

LIVE FUTURES REPORT 20/01: LME base metals prices softer; Al, lead cancellations pick up

Base metals struggled on the LME on the morning of Friday January 20 amid a lack of interest.