April 2021

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

Here are five Fastmarkets stories you might have missed on Tuesday April 20 that are worth another look.

WEEKLY BASE METAL PREMIUMS REPORT: 20/04

A summary of base metals premiums from across the globe for the week to Tuesday April 20.

LIVE FUTURES REPORT 20/04: LME Lead down 1.3%, nickel at lowest in 3 weeks

The price of nickel was $16,038 per tonne at the close of trading at 5pm on Tuesday, its lowest closing price for three weeks, while most other futures prices on the London Metal Exchange also fell off their recent gains on Tuesday April 20.

South32, Korea Zinc lock in annual lead TCs at 25.5% lower than 2020 [CORRECTED]

Korea Zinc has agreed annual supply contracts for lead concentrate from South32’s Cannington mine in Australia with a 25.5% reduction in treatment charge (TC) terms from a year ago.

MORNING VIEW: LME base metals prices up across the board, broader markets weaken

Base metals prices on London Metal Exchange were stronger across the board this morning, Tuesday April 20, but those on the Shanghai Futures Exchange were mixed, as were broader markets, following weakness on Wall Street on Monday.

IN CASE YOU MISSED IT: 5 key stories from April 19

Here are five Fastmarkets stories you might have missed on Monday April 19 that are worth another look.

LIVE FUTURES REPORT 19/04: LME nickel down 1.5%, copper above $9,300

Three-month prices for base metals on the London Metal Exchange showed mixed fortunes at the close of trading on Monday April 16, despite the US Dollar Index being at a six-weeks low, with only copper showing a gain a of more than 1%, and nickel falling from its Friday price.

Major Chinese metal producers bought North Korean zinc, lead, gold concs

Several major Chinese metal producers bought zinc and gold concentrates produced in North Korea in 2019, despite economic sanctions, a court ruling has revealed.

South32, Korea Zinc lock in annual lead TCs at 22% lower than 2020

Korea Zinc has agreed annual supply contracts for lead concentrate from South32’s Cannington mine in Australia with a 21.92% reduction in treatment charge (TC) terms from a year ago.

MORNING VIEW: Base metals prices mixed, broader markets generally positive

Base metals prices were mixed on both the London Metal Exchange and the Shanghai Futures Exchange this morning, Monday April 19, while broader markets were generally upbeat, save in India where a surge in Covid-19 infections is weighing on equities.