December 2019

LIVE FUTURES REPORT 24/12: SHFE base metals mixed; lead takes the lead

There were no clear trends for base metals prices on the Shanghai Futures Exchange (SHFE) during the morning trading session on Tuesday December 24, with lead’s 0.8% increase making it the best performer of the lot.

China allocates 275,000-tonne quota in first round of aluminium scrap imports for 2020

The China Solid Waste and Chemicals Management Bureau will allow up to 275,465 tonnes of aluminium scrap shipments into the country in the first batch of import quotas for 2020.

LIVE FUTURES REPORT 23/12: LME zinc price drops 2%; low trading volumes for base metals

Zinc was the worst performer at the London Metal Exchange 5pm close on Monday December 23, while the other base metals consolidated in quiet market conditions.

Battling debt deadlines, Recylex says Weser-Metall lead smelter up for sale

Recylex has placed three companies including German primary smelter Weser-Metall up for sale, with the European lead producer forced to offload assets to reduce outstanding debts of €200 million ($221.4 million).

PEOPLE MOVES: Access World CEO Peter Waszkis to retire next February

Peter Waszkis will retire as chief executive officer of warehouse and logistics provider Access World next February 2020, the company said in a news release on December 20.

China's alumina imports total 210,000 tonnes in November

China imported 210,000 tonnes of alumina from the seaborne market in November, down from 240,000 tonnes in October, but considerably higher than the 150,000 tonnes shipped in September when the import arbitrage window opened, according to Chinese customs data released on Monday December 23.

LIVE FUTURES REPORT 23/12: LME aluminium price flat despite more than 100kt canceled

The London Metal Exchange aluminium price was relatively steady during morning trading on Monday December 23, shrugging off a large cancellation of 107,125 tonnes from LME warehouses.

FASTMARKETS MB DAILY PDF

Daily PDFs will be downloadable until Wednesday December 25. After that, because of the Christmas and New Year holidays, the next daily PDF will be downloadable on Friday January 3, 2020.

LIVE FUTURES REPORT 23/12: Nickel bucks downtrending SHFE base metals

Base metals prices on the Shanghai Futures Exchange mostly softened during morning trading on Monday December 23, with the exception of the most-traded nickel contract, which bucked the trend with a 1.6% increase.

IN CASE YOU MISSED IT: 5 key stories from December 20

Here are five Fastmarkets MB stories you might have missed on Friday December 20 that are worth another look.