August 2020

CHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: Export price soars 7.1% on recovering demand, tight supply

Key data from the Wednesday August 5 pricing session in Shanghai.

GLOBAL ALUMINIUM WRAP: Widening LME contango supports global premiums; Europe, US premiums at 4-month high

Global aluminium premiums were supported amid continued LME spreads in contango with premiums in Rotterdam and the United States hitting a four-month high during the week to Tuesday August 5, while improved demand also strengthened the main Japanese ports (MJP) premium level.

LIVE FUTURES REPORT 05/08: LME base metals prices buoyed by expansionary global manufacturing data

The three-month prices of base metals traded on the London Metal Exchange were up during the morning session on Wednesday August 5, buoyed by expansionary global manufacturing data, which has given renewed hopes of stronger metals demand.

INTERVIEW: Leading through times of global crisis

Three experienced mining leaders give valuable insights into decision-making and seizing opportunities during a global crisis.

MORNING VIEW: Western markets open on front foot; Asian-Pacific equities, metals mixed

Three-month base metals prices on the London Metal Exchange were firmer this morning, Wednesday August 5, with gains averaging 0.3%.

IN CASE YOU MISSED IT: 5 key stories from August 4

Here are five Fastmarkets stories you might have missed on Tuesday August 4 that are worth another look.

LIVE FUTURES REPORT 04/08: LME nickel hits 7-month high in 1.2% rally

The three-month price of nickel on the London Metal Exchange was the base metals complex’s standout performer on Tuesday August 4, closing above the psychological level of $14,100 per tonne for the first time since January in a 1.2% rally from the previous day’s close.

LIVE FUTURES REPORT 04/08: LME lead price sinks 1.4%, aluminium consolidates gains in mixed trading

Amid mixed trading activity and a lower dollar index, the London Metal Exchange three-month lead price succumbed to selling pressure during morning trading on Tuesday August 4 while aluminium futures held on to gains made on Monday against moderate turnover.

MORNING VIEW: Broader markets bullish, while metals mainly on back footing

The metals and equity indices were headed in different directions this morning, Tuesday August 4, with equities up and metals down, but good data may well push metals prices higher as the day progresses - especially given better-than-expected US vehicle sales in July.

IN CASE YOU MISSED IT: 5 key stories from August 3

Here are five Fastmarkets stories you might have missed on Monday August 3 that are worth another look.