October 2013

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper rangebound ahead of Fed decision

London Metal Exchange copper prices traded in a narrow range in early Asian trading on Wednesday October 30, ahead of a US Federal Reserve policy decision on the future of its stimulus programme.

CLOSE TO CLOSE: Base metals prices rangebound in kerb trading

Base metals prices traded sideways during kerb trading on the London Metal Exchange on Tuesday October 29, as all eyes were on the US Federal Reserve meeting, sources told Metal Bulletin.

LME OFFICIALS: Base metals trade sideways ahead of Fed meeting

Base metals traded sideways in a quiet market on Tuesday October 29, ahead of the US Federal Reserve’s two-day meeting, sources told Metal Bulletin.

Shanghai copper closes flat as market awaits China, US news

The Shanghai Futures Exchange copper price ended flat on Tuesday October 29 on continued concerns over fundamentals.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper down as US, China economic growth disappoints

Copper prices on the London Metal Exchange fell in Asian morning trading as concerns about fundamentals offset expectations that the USA would maintain a loose monetary policy.

LME copper backwardation may persist as Shibor spike sparks Chinese borrowing

A backwardation in November copper contracts persisted during trading on the London Metal Exchange on Monday October 28, as a dominant position exerted pressure on borrowers of nearby spreads.

CLOSE TO CLOSE: Base metals prices up as storm hits trading volumes

Base metals prices held earlier gains during kerb trading on the London Metal Exchange on Monday October 28 as a hurricane-force storm in the UK and the Netherlands hit trading volumes, sources told Metal Bulletin.

LME OFFICIALS: Aluminium prices rise as uncertainty over LME rules dies down

Aluminium prices made moderate gains on the London Metal Exchange during official trading on Monday October 28 as uncertainty over LME regulatory changes faded, sources said.