September 2012

Shanghai copper prices fall 0.6% this week, inventory rises

Shanghai Futures Exchange copper prices fell by 0.6% on the week as lacklustre manufacturing data from China and Europe saw investors lock in profits.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China

LME ASIAN WRAP: Copper prices climb on China stimulus hopes

London Metal Exchange copper prices inched up in early Asian trading on Friday September 21 as expectations of positive policy news from China underpinned metal prices.

LME BILLET REPORT: Cash prices climb to $330-335 per tonne

The London Metal Exchange’s three-month steel billet contract price was unchanged on Thursday September 20 at $335-345 per tonne.

IRON ORE DERIVATIVES WRAP: Swaps values edge lower in tandem with index

A drop in physical iron ore prices prompted a rush of small-ticket trading on the OTC iron ore market, with participants unwilling to commit to large volumes without having more visibility on price direction.

CLOSE TO CLOSE: Copper slides on dismal Asian data

Copper lost ground on the day in Thursday’s kerb trading on the London Metal Exchange, managing a modest improvement on its official price as disappointing Asian economic data quashed any lingering bullish sentiment.

MEIR ON METALS: Metals fall back as a long-awaited correction from overbought levels sets in

Analyst Ed Meir looks at what is moving the metal markets on Thursday September 20.

Shanghai copper prices fall after shares hit new low

Shanghai Futures Exchange copper prices moved down on Thursday September 20, after stocks plunged to 43-month low and the latest manufacturing data disappointed.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China

LME ASIAN WRAP: Copper prices fall as HSBC reports China's PMI

London Metal Exchange copper prices slid in early Asian trading on Thursday September 20 as China’s manufacturing industry remained in contraction.