December 2014

REVIEW OF 2014: Chinese copper traders caught in the jaws of the credit squeeze

“Qingdao” was no doubt the most momentous word for copper in 2014 as the scandal continues to reshape the way the market works – and the year started painfully enough for small and medium-sized companies without it.

China's non-ferrous metals output up 7.9% in November

Growth in output of China’s ten industrial non-ferrous metals slowed to 7.9% in November, compared with 13.7% in November 2013, according to latest data from the National Development and Reform Commission.

Shanghai copper falls as investors sit on sidelines

Shanghai Futures Exchange copper prices ended lower on Monday December 29, as investors sat on the sidelines ahead of the year end.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper prices weaker on strong dollar

London Metal Exchange copper prices were weaker on Monday December 29 as the US dollar rose on Japan's approval of a new stimulus package last Saturday.

Quarterly Asian aluminium benchmark delayed to new year

First-quarter aluminium premium discussions between buyers and sellers are likely to continue into 2015, with no sign of broad agreement on prices so far.

Shanghai copper slides in slow trading

Shanghai Futures Exchange copper prices ended lower on Friday December 26 amid quiet trading, as overseas markets closed for holidays.

Shanghai copper unchanged on global holiday

Shanghai Futures Exchange copper prices ended flat on Thursday December 25 on a quiet day for global markets and rising liquidity pressure ahead of the end of the year.

China refined lead output rise 6.5% in November

China’s production of refined lead increased 6.5% from the previous month in November, driven by increases in Henan, Hunan and Jiangxi province.

Rising supply pressures copper prices

Nearly 1.3 million tonnes of additional refined copper capacity is expected to flow into the supply chain through 2017, which could put downward pressure on pricing, according to AME Group industry director of base metals Andrew Jones.