December 2019

China’s top copper smelters raise Q1 TCs purchase price by $1/t

The China Smelters Purchase Team (CSPT) has set its treatment and refining charges (TC/RCs) purchase price floor for the first quarter of 2020 at $67 per tonne and 6.7 cents per lb, sources told Fastmarkets on Thursday December 26.

LIVE FUTURES REPORT 26/12: SHFE base metals prices mixed amid limited activity

Base metals prices on the Shanghai Futures Exchange were mixed at the close of the morning trading session on Thursday December 26, with activity remaining limited ahead of year-end holidays.

Shanghai cif Cu premium falls to 7½-month low; EQ annual talks ongoing

Copper cathode premiums in China fell this week amid year-end destocking, a lack of significant spot demand and a persistently closed import arbitrage window between Shanghai and London.

LIVE FUTURES REPORT 25/12: SHFE base metals split; Pb outperforms

Base metals prices on the Shanghai Futures Exchange diverged during the morning trading session on Wednesday December 25, with lead outperforming the rest of the complex with a 0.7% gain.

IN CASE YOU MISSED IT: 5 key stories from December 24

Here are five Fastmarkets MB stories you might have missed on Tuesday December 24 that are worth another look.


A summary of base metals premiums from across the globe for the week to Tuesday December 24.

Spot South Korea aluminium premiums jump on higher offers, improved demand

Aluminium premiums in South Korea rose in the week ending Tuesday December 24, while the main Japanese ports (MJP) spot premium was steady following last week's increase.

Katanga to buy land rights from Gécamines

Katanga Mining subsidiary Kamoto Copper Company (KCC) will buy land rights from La Générale des Carrières et des Mines (Gécamines) covering areas next to KCC’s existing mining concessions.

PRICING NOTICE: Base metals pricing over holiday period

Over the Christmas holiday period, Fastmarkets will continue to price physical base metal markets in accordance with our pricing schedule.

LIVE FUTURES REPORT 24/12: LME aluminium on-warrant stocks fall below 1mln tonnes on 270kt cancellation

Aluminium was in the spotlight again during London Metal Exchange morning trading on Tuesday December 24, with 270,525 tonnes freshly canceled at LME sheds.