October 2012

China zinc premiums rise 10% as arbitrage window widens

Zinc premiums in Shanghai rose by 10% to $124.17 per tonne last week, as widening arbitrage window boosted interest for imports.

Shanghai copper prices edge down on China demand concerns

Shanghai Futures Exchange copper prices fell back on Monday October 29 as investor confidence in China's economy remained weak.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China

LME ASIAN WRAP: Copper prices up after China industrial data

London Metal Exchange (LME) copper prices inched up in early Asian trading on Monday, after Beijing reported Chinese industrial companies were more profitable during September.

Copper firms up the ante against ETFs

Copper companies are upping the ante in their campaign against physically-backed exchange traded funds as the countdown to a decision by the US regulator begins.

MEIR ON METALS: Markets stabilise after decent US GDP report

Analyst Ed Meir looks at what is moving the metal markets on Friday October 26.

LME BILLET REPORT: 3-month, cash prices jump, stocks fall

The London Metal Exchange’s three-month steel billet contract price jumped to $350-360 per tonne on Friday October 26, from $320-330 per tonne the previous day.

LME OFFICIALS: Base metals prices drift further down

Base metals prices drifted down further during official trading on Friday October 26, as weaker equities in Asia and a stronger dollar dragged levels lower, an analyst said in a note.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China

Shanghai copper prices weaken as market loses confidence

Shanghai Futures Exchange copper prices lost 3% this week as investor sentiment remained poor in an uncertain market.