May 2013

Shanghai copper price down as Chinese manufacturing disappoints

Shanghai Futures Exchange copper price settled lower on Thursday May 23 on sharp falls in equities market and demand concerns in China.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper price slides as Chinese manufacturing shrinks

Copper prices on the London Metal Exchange plunged during the Asian morning session on Thursday May 23 after a survey showed a contraction in factory activity in China.

CLOSE TO CLOSE: Base metals prices up as US housing figures come in

Base metals prices rose during the kerb session on the London Metal Exchange on Wednesday May 22, as figures confirmed US existing home sales hit their highest level in more than three years.

LME BILLET REPORT: 3-month steel billet contract price spread narrows upward

The London Metal Exchange’s three-month steel billet contract price narrowed to $170-180 per tonne on Wednesday May 22, from $160-180 per tonne on Tuesday.

Lowe and other execs leave MRI Trading; Kuek takes over as ceo

A number of senior managers have left Zug-based MRI Trading, where Alan Kuek has taken over as ceo from Mark Lowe, according to sources familiar with the situation.

LME OFFICIALS: Base metals prices up across LME in official session

Base metals prices were up across the complex during the official session on the London Metal Exchange on Wednesday May 22, on hopes of positive economic news from the USA.

PRICING NOTICE: Tin spot premium 99.85%, $ per tonne in-warehouse Rotterdam

Metal Bulletin prices European tin premiums for 99.85% pure material as per the specifications below:

PRICING NOTICE: Tin spot premium 99.9% $ per tonne in-warehouse Rotterdam, to include metal content of up to 99.95%

Metal Bulletin prices European tin premiums for 99.9% pure material as per the specifications below:

IRON ORE DERIVATIVES WRAP: OTC values edge down in quiet market

The iron ore swaps market saw prices edge down in a quiet market on Wednesday May 22.