December 2018

LIVE FUTURES REPORT 31/12: LME base metals prices up on positive US-China trade developments

Base metals prices on the London Metal Exchange were all up during Asian morning trading on Monday December 31 amid renewed optimism in the market after US President Donald Trump reported “big progress” in trade talks with his Chinese counterpart, Xi Jinping.

LIVE FUTURES REPORT 28/12: Low volumes typify mixed LME base metals trading; zinc falls 2.2%, lead up 1.5%

Base metals prices on the London Metal Exchange were mixed at the close of trading on Friday December 28, with most of the complex trading in narrow ranges while both lead and tin futures climbed more than 1% over the afternoon.

BATTERY RAW MATERIALS MARKET REPORT 28/12: Cobalt sulfate price steady amid active inquiries

An overview of the battery raw materials markets and their price moves from the past week.

Access World delists 8 warehouses in ongoing diversification

Glencore-owned Access World has delisted eight of its LME-registered warehouses this week, according to a notice to members on Friday December 28, continuing its move beyond LME storage amid its company-wide diversification strategy.

CSPT raises Q1 copper TC/RC purchase price by $2

The Chinese Smelters Purchase Team (CSPT) is to raise its treatment and refining charges (TC/RCs) purchase price for the first quarter of 2019 to $92 per tonne and 9.2 cents per lb, sources with direct knowledge of the matter told Fastmarkets MB.

LIVE FUTURES REPORT 28/12: LME base metals appreciate amid equity market surge; tin buoyed by 500t outflow

Base metals prices on the London Metal Exchange were predominantly higher during morning trading on Friday December 28, supported by strong gains across global equity markets, while the largest outflow of 2018 in LME tin stocks keeps the metal’s futures price elevated.

SHFE STOCKS REPORT 28/12: Lead inventories down 18% vs last week

Base metals stocks at Shanghai Futures Exchange-approved warehouses were mostly down in the week ended Friday December 28, with nickel and copper bucking the trend.

SHFE vs LME physical arbitrage 28/12: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday December 28*

EUROPEAN MORNING BRIEF 28/12: Soft dollar supports most SHFE base metals; Chinese antimony market weakens; Zhuzhou Smelter starts new project trial production

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Friday December 28.

LIVE FUTURES REPORT 28/12: SHFE base metals prices broadly up on softer dollar; Cu, Al dip

Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Friday December 28, with weakness in the dollar buoying most of the complex.