September 2016

Rolling LME/SHFE price report 30/09: Copper flat as rising dollar offsets growth in China's PMI

Welcome to the rolling base metals price report, tracking the Shanghai Futures Exchange and London Metal Exchange markets on Friday September 30.

PRICING NOTICE: Consultation on overlapping Metal Bulletin and FastMarkets premiums

Following the completion of Metal Bulletin’s acquisition of FastMarkets on Friday September 2, and in line with requests from the two companies’ mutual customers among the world’s major mining companies, metal consumers and trading houses, Metal Bulletin outlines how the integrated metal pricing team, comprising staff from both companies, intends to handle its pricing of some base metal premiums in the future.

IN DEPTH: Bankruptcy of Guangxi Nonferrous seen as individual case, rather than first of many

The bankruptcy of Guangxi Nonferrous Metals, an important base and minor metals producer in China, has cast a shadow over the industry – but is optimistically being seen as an individual case in a downfall of its own making.

MB INTL ALUMINIUM CONF: Falling trading volumes down to ‘broad set of factors’ – LME’s Chamberlain

The cost of trading on the London Metal Exchange is not the sole reason why volumes have fallen, a senior executive at the exchange said at Metal Bulletin’s 31st International Aluminium conference on Wednesday September 28.

LME will implement charge capping for warehouses on Dec 28

The London Metal Exchange has decided to implement charge capping (CC) measures for warehouse operators. These will come into effect on December 28, it said on Wednesday September 28.

Rolling LME/SHFE price report 26/09: Base metals fall on gloomy sentiment

Welcome to the rolling base metals price report, tracking the Shanghai Futures Exchange and London Metal Exchange markets on Monday September 26.

US Fed invites public comment on bank role in physical commodities

The US Federal Reserve Board has invited public comments on a proposed rule that would strengthen existing requirements and limitations on the physical commodity activities of banks.

Former Red Kite trader Stephen Upot launches metals trading firm

Aluminium trader Stephen Upot has returned to the metals market after leaving Red Kite by setting up his own trading firm, Converse Commodities Ltd, Metal Bulletin sister publication FastMarkets has learned.

PEOPLE MOVES: HKEX hires Thomas McMahon as consultant

Hong Kong Exchanges & Clearing has hired Thomas McMahon as a Hong-Kong based consultant to advise senior management on commodity industry issues, a spokeswoman at the bourse confirmed.

IN FIGURES: China's base metal imports in August

A summary of China’s base metal imports figures for August.