May 2019

LIVE FUTURES REPORT 23/05: Trade woes pressure LME base metals prices lower; zinc falls 1.3%

Base metals prices on the London Metal Exchange were lower during morning trading on Thursday May 23, with continued trade friction between the United States and China fueling risk-off sentiment while tight nearby spreads failed to attract fresh inflows.

ElvalHalcor's Q1 profit dips 6% on weak aluminium prices

Greek aluminium and copper producer ElvalHalcor reported a dip in profits for the first quarter of 2019 due to weak aluminium prices, according to a trading update published on Wednesday May 22.

BASE METALS WARRANT REPORT 22/05

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 22.

LIVE FUTURES REPORT 22/05: LME copper price dips below $6,000/t amid trade uncertainties, robust dollar

The three-month copper’s price on the London Metal Exchange fell by 1.3% at the close of trading on Wednesday May 22, with price pressure emerging from resurging trade tensions between the United States and China, while dollar strength is limiting commodity investment.

LIVE FUTURES REPORT 22/05: LME base metals prices down amid macro-inspired thin volumes, stronger dollar; Cu down 0.6%

London Metal Exchange base metals prices were suppressed in the morning session on Wednesday May 22, with macro-inspired bearish selling equating to thin trading volumes and a strengthened dollar exerting downward pressure.

GLOBAL ALUMINIUM WRAP: US Midwest premium ticks lower following Section 232 developments

Aluminium premiums in the United States fell after the country removed its 10% tariff on aluminium products imported from Canada and Mexico.

LIVE FUTURES REPORT 22/05: Macro concerns, firm dollar weigh on SHFE base metals prices; Cu down 0.6%

Base metals prices on the Shanghai Futures Exchange were down across the board during morning trading on Wednesday May 22, with a challenging macroeconomic backdrop and firm dollar weighing on the complex.

Albras aluminium smelter resumes normal operations, expected to reach full capacity in H2 2019

The Albras aluminium smelter in Brazil, partly owned by Norsk Hydro, has begun to ramp up its output following the removal of production restrictions at the Alunorte alumina plant, the Norwegian company said on Tuesday May 21.

WEEKLY BASE METAL PREMIUMS REPORT 21/05

A summary of base metals premiums from across the globe for the week to Tuesday May 21.

LIVE FUTURES REPORT 21/05: LME base metals mostly buoyed by Dow Jones upsurge; Cu hits fresh low

The majority of London Metal Exchange base metals prices continued to trade up during the afternoon session on Tuesday May 21, with the complex largely following the equities markets on their upward trajectory.