December 2013

LME ASIAN WRAP: Copper finds support in robust global economic data

The London Metal Exchange copper price retreated on Monday December 30 after hitting a four-month high last week but positive global macroeconomic data checked any significant falls.

Shanghai copper price up, inventory down

The Shanghai Futures Exchange copper price closed higher on Friday December 27 as foreign market participants returned from Christmas break and inventories registered fell.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper price hits four-month high

Copper prices on the London Metal Exchange opened at a four-month high on Friday December 27 as the markets reopened after Christmas holiday amid optimism about a global economic recovery.

Shanghai copper price down on profit-taking

The Shanghai Futures Exchange copper price moved down on Thursday December 26, as traders took profit after prices approached a three-month high.

Shanghai copper price climbs on strong US data

Shanghai Futures Exchange copper prices rose sharply on Wednesday December 25 as positive US data boosted sentiment.

LME warehousing policy 'breaches Rusal's human rights' – source

UC Rusal has claimed the London Metal Exchange’s decision to implement a new warehousing policy breaches its rights under the European Convention on Human Rights, a source close to the company said.

Shanghai copper price closes higher

The Shanghai Futures Exchange copper price closed higher on Tuesday December 24 following gains in the Asian stock markets and upbeat US data.

LME to go ahead with proposed warehousing policy changes, will contest Rusal’s claims

The London Metal Exchange will go ahead with its proposed changes to warehousing policy aimed at cutting queues for metals, even as aluminium producer Rusal has challenged it, the owner of the bourse said on Tuesday December 24.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*