May 2021

IN CASE YOU MISSED IT: 5 key stories from May 4

Here are five Fastmarkets stories you might have missed on Tuesday May 4 that are worth another look.

Chile's copper output falls 1.2% in March on lower Escondida volumes

Chile's copper mine production fell by 1.21% in March compared with the same month last year amid lower volumes from Escondida, the world's largest copper mine, according to data published by national copper commission Cochilco on Tuesday May 4.

GLOBAL ALUMINIUM WRAP: Record-high premiums in US Midwest, Rotterdam

Supply tightness continued to drive the Midwest premium in the United States to a new record high on Tuesday May 4, while more bearish sentiment resulted in European premiums being unchanged from the previous week but still at a six-year high level.

WEEKLY BASE METAL PREMIUMS REPORT: 04/05

A summary of base metals premiums from across the globe for the week to Tuesday May 4.

LIVE FUTURES REPORT 04/05: LME lead reaches new 2021 high; Zn, Cu, Al gain by more than 1%

Lead’s price on the London Metal Exchange reached a fresh year-to-date high and sister metal zinc was trading at its highest since June 2018, supported by the futures complex that continues to be spurred by bullish sentiment.

AT A GLANCE: Packaging boom boosts Q1 Arconic sales by 4%

A summary of North America-based aluminium products manufacturer Arconic's first-quarter 2021 financial results, released on Tuesday May 4, 2021.

Lead conc TCs drop after April arb business; zinc terms begin to rise

Treatment charges for lead concentrates fell sharply in April after the arbitrage between Shanghai and London prices encouraged more imports into China, sources said.

LIVE FUTURES REPORT 04/05: Al, Ni biggest risers; LME complex still on incline

Prices on the London Metal Exchange continued to the upside on the first trading day of May, with aluminium and nickel marking the biggest increases on the morning of Tuesday May 4, with aluminium reaching new year-to-date highs.

MORNING VIEW: LME base metals prices consolidating in high ground

With Chinese markets closed, volume traded on the London Metal Exchange has been light this morning, Tuesday May 4, with 2,368 lots traded as of 6.14am. But the base metals were holding up in high ground with gains averaging 0.7%, led by a 1.1% rise in copper to $9,916.50 per tonne.

IN CASE YOU MISSED IT: 5 key stories from May 3

Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.