January 2017

LIVE FUTURES REPORT 31/01: LME base metals end higher; weaker dollar supports

London Metal Exchange base metals ended Tuesday January 31 trading in positive territory as dollar weakness and supply issues provided support.

LME warns warehouses against delivering forged warrants

The London Metal Exchange called on warehouse operators not to warrant metal which have question marks over its ownership, including any possible links to forged warehouse receipts such as those reported by Access World last week.

LIVE FUTURES REPORT 31/01: LME lead tightness collapses; copper price up as wages talks breakdown

Base metals trading on the London Metal Exchange were all trading positively during Tuesday January 31 afternoon sessions, as dollar weakness and supply issues provide support.

LIVE FUTURES REPORT 31/01: Comex copper prices surge amid warehouse destocking, weaker dollar

Comex copper prices bounced back on Tuesday January 31, amid a combination of declining warehousing stocks and a softening dollar.

Nickel worth $500,000 stolen from Dutch terminal

Half a million dollars-worth of nickel belonging to trading firm Traxys was stolen from a Dutch terminal on Sunday night, the company told Metal Bulletin on Tuesday.

LIVE FUTURES REPORT 31/01: LME metals lifted by short-covering, fund buying; take-up slow

Base metals trading on the London Metal Exchange were perkier during Tuesday January 31 trading sessions as the complex came off its lows – albeit in thin trading conditions.

Spread log January 2017: Aluminium

The European aluminium spread log

LIVE FUTURES REPORT 31/01: LME copper price recovers from previous slide; investors remain sidelined

Base metal prices on the London Metal Exchange are mixed during Tuesday January 31 trading, as each metal reacts to its individual fundamentals.

METALS MORNING VIEW 31/01: Base metals prices little changed in early morning trading

Base metals are little changed this morning, January 31: aluminium prices are off 0.3%, tin prices are up 0.3%, nickel prices are up 0.2%, while the rest are up a few dollars per tonne. Three-month copper prices are at $5,853 per tonne – although volume remains light, with 1,200 lots traded as of 06:44 GMT.

Antam's ferro-nickel output reaches all-time high in 2016

Ferro-nickel production at PT Aneka Tambang (Antam) reached an all-time high of 20,293 tonnes of nickel contained in 2016, the company said in a statement on Monday January 30.