December 2017

KOREA ALUMINIUM SNAPSHOT: Premium ranges narrow but views mostly optimistic heading into 2018

Key data from the Wednesday December 27 pricing session in Singapore.

EUROPEAN MORNING BRIEF 28/12: SHFE copper rises; Updates on 2018 TC/RCs; China's minors under environmental crackdown

Good morning from Metal Bulletin’s offices in Asia, bringing the key news and market stories on Thursday December 28.

2017 REVIEW: Chinese aluminium market’s reform gains, export pains

Supply-side reforms in China’s aluminium industry have removed more than 11 million tonnes per year of capacity while simultaneously a negative export arbitrage and anti-dumping measures squeezed the market in 2017.

LIVE FUTURES REPORT 28/12: SHFE copper higher after LME copper peaks near-three-year high; other base metals follow suit

The most-traded copper price on the Shanghai Futures Exchange rose during Asian morning trading hours on Thursday December 28 after the three-month LME copper price hit its highest level since January 23, 2014.

WEEKLY BASE METAL PREMIUMS REPORT 27/12

Metal Bulletin's weekly roundup of the state of base metal premiums on Wednesday December 27.

LIVE FUTURES REPORT 27/12: LME ali price hits highest since March 2012; Copper sets new 2017 high

The three-month aluminium price rallied 3% on the London Metal Exchange this afternoon, Wednesday December 27, following a huge 42,325-tonne cancellation.

Aluminium market sees latest large cancellation heading to US

Market participants are anticipating the roughly 42,000 tonnes of aluminium canceled on Wednesday December 27 to flow from Asia to the US.

LIVE FUTURES REPORT 27/12: LME copper continues rally; ali supported by 42,000t cancellation

Base metals prices on the London Metal Exchange were mostly higher during morning trading on Wednesday December 27 as the market returned to trading following the Christmas holidays.

METALS MORNING REPORT 27/12: Steady tone continues as markets swing into life

Base metals prices trading on the London Metal Exchange are in mixed mood so far on Wednesday December 27, as trade resumes following the Christmas holiday, with lead leading with a gain of 1.2%, followed by copper (+0.8%) and tin (+0.3%), while aluminium, zinc and nickel are in negative ground with the latter down 1.5%.

SHFE vs LME physical arbitrage 27/12: Copper, aluminum, zinc, nickel

Arbitrage for copper, aluminum, zinc and nickel imported into China on Wednesday December 27*