May 2017

LIVE FUTURES REPORT 26/05: LME copper price falls at close; Al stocks jump up in South Korea

London Metal Exchange copper prices closed the day on Friday May 26 below their previous closing prices, having fallen back from three-week highs earlier.

PEOPLE MOVES: David Wilson leaves Citi

David Wilson has left Citibank, sources told Metal Bulletin.


The Shanghai Derivatives Market Forum, organised by the Shanghai Futures Exchange, was held on 25-26 May. Here’s what we learned at the event.

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.

SHANGHAI DERIVATIVES MARKET FORUM: China’s changing tin export policy could be turning point for global tin market

The global tin market is facing a turning point after China’s cancellation of its tin export duty and the possible introduction of a tin concentrate processing trade policy, ITRI China’s chief representative said at the Shanghai Derivatives Market Forum on Thursday May 25.

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.

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%.

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.