December 2019


A summary of base metals premiums from across the globe for the week to Tuesday December 31.

LIVE FUTURES REPORT 31/12: Base metals complex largely lower on last day of 2019; only tin bucks trend

Small losses were seen across most of the London Metal Exchange base metals complex on the last trading day of 2019, with only tin bucking the trend.

Chile's copper output down 6.7% in November amid protests

Chilean copper output fell by 6.7% year on year in November due to a combination of nationwide protests and operational problems, the country's national statistics institute INE said on Tuesday December 31.

LIVE FUTURES REPORT 31/12: LME base metals all lower; more cancellations for ali

Base metals prices on the London Metal Exchange were lower across the board during morning trading on Tuesday December 31, failing to find support.

LIVE FUTURES REPORT 31/12: SHFE base metals prices largely negative following lackluster Chinese data

A combination of slow year-end trading activity and uninspiring Chinese economic data saw most of the base metals traded on the Shanghai Futures Exchange end the morning trading session in negative territory on Tuesday December 31.

IN CASE YOU MISSED IT: 5 key stories from December 30

Here are five Fastmarkets MB stories you might have missed on Monday December 30 that are worth another look.

LIVE FUTURES REPORT 30/12: LME base metals lack fresh direction; nickel price ignores rising stocks

The benchmark three-month nickel price on the London Metal Exchange was the standout of the base metals complex, continuing to edge higher at the close on Monday December 30 and ignoring rising stock levels.

Copper scrap discount narrows for China after consumers return with Q1 2020 quotas

The discount for copper scrap imported into China has narrowed in December because Chinese consumers returned to the spot market to fill quotas granted for the first quarter of 2020.

Lead concentrate TCs pare gains in December; zinc conc terms rise

The spot lead concentrate treatment charge (TC) dropped in December in the first downward movement for six months.

Market eyes growing NPI supply as ferro-nickel discount deepens to historical low

The assessment for ferro-nickel with 26-32% nickel content in China fell to a discount of $1,100-1,300 per tonne on Monday December 30, its lowest level on Fastmarkets records and down 71.4% from last month.