June 2021

Fastmarkets settles Q3 MJP aluminium premium at $172-185/t

Fastmarkets has settled its premium for the supply of aluminium to main Japanese ports (MJP) in the third quarter of 2021 at $172-185 per tonne over the London Metal Exchange cash price.

LIVE FUTURES REPORT 14/06: Mixed prices on LME, large re-warranting for Al in Port Klang

The three-month price of copper was down 0.6% from Friday's close on the morning of Monday June 14, while most other prices on the London Metal Exchange rose despite low traded volumes due to public holidays in China and Australia.

MORNING VIEW: LME metals mixed in quiet trade with China on holiday

Metals continue to languish in high ground during morning trading on Monday June 14, with tin being the exception as it continues to push higher on strong fundamentals due to supply disruptions.

ALUMINIUM FOUNDRY WRAP: US, European premiums flat, lagging other VAPs

Aluminium primary foundry alloy premiums in Europe and the United States were steady again on Friday June 11, without the price swings seen in other value-added product premiums.

LIVE FUTURES REPORT 11/06: Most LME prices post increases over 1% to end consolidating week on a high

Zinc showed the biggest increase, at 1.6%, at the close on Friday June 11, while all other prices on the London Metal Exchange ended a week of consolidation on firmer footing.

LME off-warrant stocks fall by 6%; nickel, copper stocks down by a third

Metal held outside London Metal Exchange warehouses decreased for the second month in a row, by a slight 6% in April to 1.17 million tonnes, after falling 40% in March.

SHFE STOCKS REPORT 11/06: Zinc inventory tumbles 21% amid broad-based declines

Most base metals stocks continued their declines in Shanghai Futures Exchange-registered warehouses in the week to Friday June 11, with zinc leading in percentage terms at a 21.5% drop.

PRICING NOTICE: Widening of delivery window for European aluminium billet premiums

Fastmarkets is extending the delivery window for its price assessments of aluminium 6063 extrusion billet premiums in Europe to three months.

LIVE FUTURES REPORT 11/06: Zinc, lead rise 1%; all LME metals up

Zinc and lead made the biggest gains on June 11 morning amid a low dollar index following the inflation readings released on Thursday and comments from trading house Trafigura lending support to all metals at the end of the week.

IN CASE YOU MISSED IT: 5 key stories from June 10

Here are five Fastmarkets stories you might have missed on Thursday June 10 that are worth another look.