January 2018

PRICING NOTICE: Proposal to discontinue duty unpaid FCA zinc premiums for Rotterdam, Antwerp

Metal Bulletin proposes to discontinue two assessments of zinc premiums in the European market.

Foreseeing future deficits, copper miners cut benchmark concentrate volumes in 2018 deals

Copper miners, including Freeport-McMoRan and Antofagasta, have made big cuts to copper concentrate tonnages and in some cases altered side terms for material delivered against benchmark treatment and refining charge (TC/RC) terms this year, despite the market rallying around a single number after a tense set of negotiations.

LIVE FUTURES REPORT 30/01: Comex copper price dips on profit-taking

Comex copper prices saw minor profit-taking in the US morning on Tuesday January 30, with the red metal unable to establish a clear price direction over the past week.

PRICING NOTICE: Proposal to launch blister copper 98-99% spot RC cif China, blister copper 98-99% annual benchmark RC cif China

Metal Bulletin is proposing to launch two blister copper refining charges (RC) assessments.

PEOPLE MOVES: James Cressy becomes LME Group COO

The London Metal Exchange has appointed James Cressy as its new chief operating officer, the exchange confirmed today.

NORTH AMERICAN MORNING BRIEF 30/01: LME base metals lower; Noble Group reaches restructuring deal; Chadha to join Kyen Resources

The latest metal markets news and price moves to start the North American day on Tuesday January 30.

PRICING NOTICE: Amendment of the Metal Bulletin copper concentrates index

Metal Bulletin has amended its copper concentrates index normalization method, which will be reflected in the next copper concentrate index publication on Wednesday January 31.

SHFE vs LME physical arbitrage 30/01: Copper, aluminium, zinc, nickel

The arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday January 30*

LIVE FUTURES REPORT 30/01: LME base metals prices correct lower; unsteady nickel falls 2%

Base metals prices on the London Metal Exchange were lower across the board on Tuesday January 30 after prices corrected from last week’s gains.

PEOPLE MOVES: Nishchay Chadha to join Kyen Resources in Singapore

Nishchay Chadha will join Singaporean trading house Kyen Resources as director of trading in February, Metal Bulletin understands.