September 2019

LME WEEK 2019: What’s on and where?

London Metal Exchange Week, the largest annual gathering of metals and mining figures in the world, is set to begin on Sunday October 27.

LIVE FUTURES REPORT 16/09: LME nickel price falls 2.5% despite outflows; copper holds above $5,900/t

The three-month nickel price on the London Metal Exchange was lower during morning trading on Monday September 16, retreating toward $17,300 per tonne, ignoring stock outflows that have brought on-warrant material down to its lowest level in eight years.

MORNING VIEW: Poor Chinese economic data, sharply higher oil prices drag LME base metal prices lower

Over the past week the metals have looked stronger and some dovish comments by United States President Donald Trump over US-China trade relations seem to have provided a slight confidence boost, but headwinds are being felt this morning, Monday September 16.

LIVE FUTURES REPORT 16/09: SHFE base metals prices mixed; Ni under pressure from stock inflows

Base metals prices on the Shanghai Futures Exchange were on divergent paths during morning trading on Monday September 16, with risk aversion among investors heightening following an attack on Saudi Arabian oil facilities over the weekend.

IN CASE YOU MISSED IT: 5 key stories from September 13

Here are five Fastmarkets MB stories you might have missed on Friday September 13 that are worth another look.

ALUMINIUM FOUNDRY WRAP: US, European premiums remain muted

Poor demand and ongoing bearish sentiment surrounding the European economy continued to keep premiums for aluminium foundry in the region tepid on Friday September 13.

LIVE FUTURES REPORT 13/09: LME copper price nears $6,000 per tonne in 2% upturn; tin below $17,000

The three-month copper price on the London Metal Exchange was higher at the close of trading on Friday September 13, with the price near the $6,000 per tonne resistance level and closing at its highest level since July 29, while tin’s outright price fell over the afternoon.

PRICING NOTICE: Correction to Fastmarkets’ copper concentrates index

Fastmarkets MB has corrected its copper concentrates index, which was published incorrectly on Friday September 13 due to an error.

LSE rejects $37bln HKEX bid citing 'fundmental concerns'

London Stock Exchange Group (LSEG) has rejected Hong Kong Exchanges & Clearing's (HKEX) unsolicited bid for the company and remains committed to a proposed acquisition of data provider Refinitiv, it said in a release on Friday September 13.

LIVE FUTURES REPORT 13/09: Fresh 12kt inflow tempers LME nickel price; copper remains supported

The three-month nickel price on the London Metal Exchange was lower during morning trading on Friday September 13, declining by around 2.7% against a fresh inflow of some 12,000 tonnes, while copper futures continued to trade in an uptrend.