March 2013

Shanghai copper prices down on lingering eurozone concerns

Shanghai Futures Exchange copper prices fell on Wednesday March 27 as concerns over the European debt crisis continued to weigh on sentiment.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper prices down on eurozone woes, high inventory; Q2 expected to boost demand

Copper prices on the London Metal Exchange were down during morning Asian trading on Wednesday March 27 on concerns over high stock levels at warehouses and eurozone debt crisis.

CLOSE TO CLOSE: Base metals prices weaken during kerb

Base metals prices showed signs of weakness on Tuesday March 26 during the kerb session on the London Metal Exchange, compared with the day before.

LME BILLET REPORT: 3-month contract, cash prices stable

The London Metal Exchange’s three-month steel billet contract price stood unchanged day-on-day at $210-220 per tonne on Tuesday March 26.

LME OFFICIALS: Base metals prices strengthen slightly on US durable goods data

A rise in US durable goods orders provided some support for base metals prices during the official session on the London Metal Exchange on Tuesday March 26.

MEIR ON METALS: Base metals prices mixed as tone out of Europe remains uneasy

Analyst Ed Meir looks at what is moving the metal markets on Tuesday March 26.

Shanghai copper prices fall on Cyprus bailout terms, Chinese housing regulations

Shanghai Futures Exchange copper prices fell on Tuesday March 26 as concerns grew over future eurozone bailout terms and Chinese housing regulations.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

CLOSE TO CLOSE: Base metals prices drift lower in LME kerb

Base metals prices closed down slightly compared with their final levels during the kerb session on the London Metal Exchange on Friday March 22.