December 2020

LIVE FUTURES REPORT 23/12: Zinc leads slight gains on LME after two days of losses

Base metals recovered some lost ground in non-descript trading on the morning of Wednesday December 23 on the London Metal Exchange, with zinc rising the most after two days of losses caused by the news of a new Covid-19 variant damaging sentiment.

MORNING VIEW: Base metals prices slip from highs, but generally consolidate

Base metals prices on the Shanghai Futures Exchange were mainly lower this morning, Wednesday December 23, while those on the London Metal Exchange were mixed.

IN CASE YOU MISSED IT: 5 key stories from December 22

Here are five Fastmarkets stories you might have missed on Tuesday December 22 that are worth another look.

Codelco signs new labor agreement with supervisors at Chuquicamata

Chilean copper producer Codelco signed a new 36-month labor agreement with supervisors and overall management at its Chuquicamata division, the company said on Tuesday December 22.

WEEKLY BASE METAL PREMIUMS REPORT: 22/12

A summary of base metals premiums from across the globe for the week to Tuesday December 22.

LIVE FUTURES REPORT 22/12: Nickel falls 2.8%, aluminium drops below $2,000/t

LME nickel’s three-month price saw the biggest drop in the base metals complex on Tuesday December 22, with most metals correcting down from their recent 2020 highs in reaction to news of a new variant of Covid-19.

2021 PREVIEW: Markets wary of worsening shipping problems ahead of Chinese New Year

Shipping problems faced by commodity market participants are likely to get worse ahead of Chinese New Year on February 12, 2021, sources told Fastmarkets.

Brazil's CBA to start 2021 with 50% higher aluminium billet capacity

Brazilian aluminium producer Companhia Brasileira de Alumínio (CBA) will begin 2021 with new extrusion billet capacity after two years of investments to increase it by 50%, the company said on Monday December 21.

FASTMARKETS MB DAILY PDFs

Daily PDFs will be downloadable until Friday December 25. After that, because of the Christmas and New Year holidays, the next daily PDF will be downloadable on Tuesday January 5.

Brazil sets 2021 aluminium import quota at 262,000 tonnes

Brazil’s duty-free import quota for unalloyed aluminium for 2021 will be 262,000 tonnes, as decided by the executive management committee (Gecex) of the foreign trade chamber (Camex) on Monday December 21.