December 2019

Belgian restructuring specialist Kris Vansanten builds stake in Nyrstar NV

Kris Vansanten, a Belgian entrepreneur specializing in restructuring distressed assets, has built up a 3.42% holding in the voting rights of Nyrstar NV, Nyrstar said in a notice on December 17.

LIVE FUTURES REPORT 17/12: LME aluminium spreads narrow further following fresh 42.5kt inflow

London Metal Exchange aluminium stocks continued to climb on Tuesday December 17, with 42,500 tonnes of material delivered into warehouses in Port Klang, Malaysia.

MORNING VIEW: Metals prices look well placed to advance, but lack energy

Broader markets are generally still upbeat this morning, Tuesday December 17, with equities in Asia following the lead from western markets on Monday, although the metals are for the most part consolidating.

LIVE FUTURES REPORT 17/12: SHFE base metals prices broadly up on trade positivity; Ni jumps 1.2%

Base metals prices on the Shanghai Futures Exchange were mostly up during the morning trading session on Tuesday December 17, with the complex reacting to the positive news surrounding a trade deal between China and the United States.

LIVE FUTURES REPORT 16/12: LME base metals prices buoyed by positive China data, weaker dollar

The three-month prices of base metals traded on the London Metal Exchange broadly closed up at the afternoon kerb on Monday December 16, emboldened by positive China data, while a weaker US dollar provided a consumption tailwind.

LIVE FUTURES REPORT 16/12: LME aluminium spreads continue to ease amid fresh 30k inflow

London Metal Exchange nearby aluminium spreads have continued to ease following a significant 30,400-tonne inflow of metal into LME-approved sheds in Singapore on Monday December 16.

MORNING VIEW: Metals prices mainly upbeat, boosted by some stronger Chinese data

Broader markets are generally upbeat this morning, Monday December 16, helped by last week’s partial United States-China trade deal and some positive economic data out of China.

LIVE FUTURES REPORT 16/12: SHFE base metals prices mostly down as caution pervades market

Base metals prices on the Shanghai Futures Exchange were mostly little changed to down during the morning trading session on Monday December 16, with investors shrugging off news on Friday that the United States and China have agreed on a “phase one” trade deal.

LIVE FUTURES REPORT 13/12: LME nickel price leads gains; copper softens after setting multi-month high

Nickel ended firmly above $14,000 per tonne in London Metal Exchange trading on Friday December 13 while copper stepped back after peaking earlier at its highest since May.

SHFE STOCKS REPORT 13/12: Lead inventories surge by 24.2% vs last week

Stocks of base metals stored at Shanghai Futures Exchange-approved warehouses increase in the week to Friday December 13 bar those of aluminium and zinc.