June 2021

LIVE FUTURES REPORT 30/06: Copper tumbles 8.5%, aluminium up during June

Copper’s three-month price has shown the biggest fall during June among base metals on the London Metal Exchange, rocked by Chinese announcements and rising inventories, while the prices of other base metals such as aluminium and tin were higher than on June 1.

GLOBAL TIN WRAP: Freight, trucking costs take US and Europe tin premiums to new peaks

Premiums for tin ingots in Europe and the United States continued their rise to new highs in the fortnight to June 29, with freight and trucking costs and delays still the main issue pressuring premiums upward, sources told Fastmarkets.

LIVE FUTURES REPORT 30/06: LME lead reaches new high, other prices stable

Prices were largely unchanged on the London Metal Exchange on the morning of Wednesday June 30, with the exception of lead which continued its steady rise, reaching a new year-to-date high of $2,340 per tonne during early trading.

IN CASE YOU MISSED IT: 5 key stories from June 29

Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look.

LIVE FUTURES REPORT 29/06: LME lead above $2,300/t, all metals except copper rise

All prices on the London Metal Exchange except for copper finished the day on June 29 at higher prices than Monday, with lead showing the biggest gains and setting a new year-to-date high, and aluminium up by 2.5%.

Tin demand to exceed 400,000 tpy by 2025, deficit expected until 2030 - ITA

Tin demand is likely to exceed 400,000 tonnes per year by 2025, while supplies from greenfield projects and recycled material are not expected to keep pace, leading to a deficit over the next decade, according to the International Tin Association (ITA).

MORNING VIEW: Base metals down in London and Shanghai – spread of delta variant a headwind

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were weaker across the board this morning, Tuesday June 29, with the spread of the Covid-19 Delta variant a worrisome development.

LIVE FUTURES REPORT 29/06: Tin and aluminium firm on supply bottlenecks, other prices mixed

With the exception of rising tin and aluminium prices, most prices on the London Metal Exchange were mixed on the morning of June 29.

LIVE FUTURES REPORT 28/06: LME tin price climbs above $31,000/t on MSC restart delay

Tin was the best performer on the London Metal Exchange during trading on Monday June 28, while the rest of the complex was mixed at the start of the new week with particularly low volumes for copper's three-month contract.

MSC reopening uncertain amid Malaysian Covid-19 lockdown extension

A continuation of Malaysia's Covid-19 lockdown announced by its Prime Minister Muhyiddin Yassin on June 27 has prevented the Malaysian Smelting Corporation from reopening its smelting operations on June 28.