December 2013

Chalco plans to sell stake in Nanhai Alloy

Aluminium Corporation of China (Chalco) plans to sell its 60% stake in Chalco Nanhai Alloy through Shanghai United Assets and Equity Exchange, for 119.6 million yuan ($19.6 million), according to the bourse.

LME ASIAN WRAP: Copper finds support in robust global economic data

The London Metal Exchange copper price retreated on Monday December 30 after hitting a four-month high last week but positive global macroeconomic data checked any significant falls.

Shanghai copper price up, inventory down

The Shanghai Futures Exchange copper price closed higher on Friday December 27 as foreign market participants returned from Christmas break and inventories registered fell.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper price hits four-month high

Copper prices on the London Metal Exchange opened at a four-month high on Friday December 27 as the markets reopened after Christmas holiday amid optimism about a global economic recovery.

Shanghai copper price down on profit-taking

The Shanghai Futures Exchange copper price moved down on Thursday December 26, as traders took profit after prices approached a three-month high.

Trade log December 2013: Aluminium

The latest aluminium transactions and assessments, for the month commencing December 1. All prices relate to in-warehouse premiums, unless otherwise stated.

China’s copper imports rise in November

China’s refined copper imports surged 12.4% month-on-month to their second-highest level this year in November amid robust financing demand.

Shanghai copper price climbs on strong US data

Shanghai Futures Exchange copper prices rose sharply on Wednesday December 25 as positive US data boosted sentiment.

China's nickel ore imports reach record high in November

China’s nickel ore imports hit a new record high in November as an increase in purchases from Indonesia ahead of the proposed export ban offset a disruption in supply from the Philippines due to typhoon Haiyan.