October 2013

MB APEX Q3 2013 BASE METALS: Chinese demand remained strong in Q3 – Macquarie

Chinese demand held up better than expected for most base metals during the third quarter of 2013, according to Colin Hamilton, head of global commodities research at Macquarie.

Shanghai copper price sees moderate gains ahead of Fed meeting

The Shanghai Futures Exchange copper price inched up on Monday October 28 as investors awaited news from the US Federal Reserve meeting.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Fed stimulus lends support to copper price

The London Metal Exchange copper price was slightly up during Asian morning trading on Monday October 28, supported by expectations that the US Federal Reserve’s stimulus to the economy will continue.

Freeport to switch cobalt pricing to basis LME

Freeport-McMoRan Copper & Gold Inc (FCX) is to price its cobalt transactions on the basis of London Metal Exchange prices from January 2014, the US miner said.

LME makes decision on warehousing rules; announcement in due course

The board of the London Metal Exchange has come to a decision on its warehousing rules but isn't planning to make an announcement on them just yet.

LME OFFICIALS: Base metals prices fall as Asian sentiment sours

Base metals prices weakened in official trading on the London Metal Exchange on Friday October 25, on falling Asian equity markets after prices rose earlier in the week on optimism about China’s economic growth.

Shanghai copper price tracks decline in local equities market

The Shanghai Futures Exchange copper price settled lower on Friday October 25, as sentiment was hit following fall in the local equities market.

HOTTER ON METALS: Warehousing D-Day

Decision day is here for the board of the London Metal Exchange, with its executives facing a very delicate balancing act.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*