December 2021

Alumina capacity to expand in China by end of Q1; surplus concern stoked

Three alumina refineries in China are set to ramp up in the first quarter of 2022, sources said.

Base metals mixed on LME, copper and nickel strongest performers

Base metals prices on the London Metal Exchange were mixed at the 5pm close on Wednesday December 29, with copper and nickel leading the complex.

European aluminium scrap and secondary prices to be supported, participants say: 2022 preview

Market participants expect prices for aluminium scrap and secondary ingot to remain robust in 2022, with demand from the automotive sector anticipated to pick up by the second half of the year.

LME aluminium volumes high with 19kt cancellation; copper prices strong

Base metals prices on the London Metal Exchange were mixed during morning trading on Wednesday December 29.

More MJP aluminium Q1 deals emerge at $177/t amid persistent buyer pushback

Several more producer deals for the supply of aluminium ingot to main Japanese ports (MJP) in the first quarter were concluded on Wednesday December 29 at a premium of $177 per tonne cif MJP, sources told Fastmarkets.

First Q1 MJP aluminium producer deal inked, sources say

A producer deal for the delivery of aluminium to main Japanese ports (MJP) in the first quarter of 2022 has been inked at $177 per tonne, according to market sources.

LME base metals trade sideways on low volumes, early close

Base metals trading on the London Metal Exchange was quiet on Friday December 24, ahead of the end-of-year holiday season.

LME base metals prices mostly unchanged ahead of end-of-year holidays

Most London Metals Exchange base metals were flat in early trading ahead of the end-of-year holidays on Friday December 24.

Base metals mixed as trading quietens down ahead of holiday

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Friday December 24, as markets consolidated ahead of the holiday period.

SHFE tin, copper stocks decline, while nickel inventories rise

Deliverable base metal stocks in Shanghai Futures Exchange warehouses mostly declined in the week to Friday December 24, with tin stocks falling 35.6%, copper stocks decreasing by 21.4% and lead inventories down 12.6%, while nickel stocks were up by 13.4%.