Zinc concentrate treatment charges (TCs) have fallen sharply in September 2020, reversing a three-month upward trend because of supply tightness from South America, amid continuing disruptions resulting from the Covid-19 pandemic, putting pressure on traders and smelters to cover short positions.
30 September 2020
Anna Xu, Archie Hunter, Rijuta Dey Bera
The three-month copper price on the London Metal Exchange was the standout performer at the close of trading on Wednesday September 30, after a significant uptick in consumer confidence in the United States.
30 September 2020
Hassan Butt
30 September 2020
Fastmarkets MB staff
Arbitrage opportunities dictated metal stock movements in Shanghai's bonded zone over September, with substantial moves in copper, zinc and aluminium inventories.
30 September 2020
Anna Xu, Archie Hunter, Karen Ng, Sally Zhang
Global zinc and lead premiums remained unchanged across all regions in the week to Tuesday September 29, although increased buying appetite from Indian battery makers supported the Indian lead premium, Fastmarkets heard.
30 September 2020
Anna Xu, Julian Luk, Hassan Butt, Rijuta Dey Bera
China nickel ore prices continued their ascent in the week to Tuesday September 29 - outstripping other regional prices - while United States briquette premiums narrowed at the bottom end of the range and consumers began to restock ahead of the fourth quarter, sources said.
30 September 2020
Orla O'Sullivan, Amy Hinton, Sally Zhang
All base metals, with the exception of lead, recorded further declines of deliverable stocks in Shanghai Futures Exchange-approved warehouses during the week to Wednesday September 30, according to the exchange’s weekly inventory report.
30 September 2020
Sally Zhang
A summary of China’s battery raw materials exports for August 2020.
30 September 2020
Susan Zou, Carrie Shi, Sybil Pan, Sally Zhang
A summary of China's battery raw materials imports for August 2020.
30 September 2020
Susan Zou, Carrie Shi, Sybil Pan, Sally Zhang
London Metal Exchange three-month base metals prices, with the exception of copper and tin, were trading down on the previous day’s close on Wednesday September 30, with encouraging Chinese manufacturing data eclipsed by a stronger dollar and continued uncertainty regarding US economic fiscal stimulus.
30 September 2020
Amy Hinton
