March 2015

LME ASIAN WRAP: Copper rises as shorts clear positions

Copper prices rose quickly in Asian trading hours on Monday March 23, as some shorts quit their positions after a weakening dollar boosted the red metal.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

WEEK AHEAD: Aluminium

Aluminium premiums have continued to fall as consumers delay purchases for the second quarter, and those that are buying are generally confining deals to the first month of the quarter.

WEEK AHEAD: FeMo in Europe

Ferro-molybdenum prices saw further strength last week, but despite the emergence of supportive factors, there is still concern over whether the latest rises will be sustainable.

WEEK IN BRIEF: LME location under threat; Impala/Wanxiang case; Hotter on Noble v Iceberg; Al premiums

All the latest metal news and price moves from Metal Bulletin.

LME OFFICIALS: Base metals prices see strength on dollar weakness, seller resistance

Base metals saw further strength during the official session on the London Metal Exchange on Friday March 20, as the market continued to digest relatively bullish news from the US Federal Reserve.

Sixth gold price participant named as Goldman Sachs

The sixth participant in the London Bullion Market Association (LBMA) gold price, launched on Friday March 20, has been named as Goldman Sachs.

Arbitrage for copper, aluminium and zinc imported into China*

Arbitrage for copper, aluminium and zinc imported into China*

Shanghai copper extends gains from Fed boost, property hopes in China

Copper prices on the Shanghai Futures Exchange (SHFE) rose on Friday March 20, as the red metal made gains on hopes that China will act to support its property sector and continuing short covering sparked by the US Federal Reserve statement earlier this week.

LME ASIAN WRAP: Copper prices rangebound on mixed sentiment

London Metal Exchange copper prices were rangebound in Asian morning trading on Friday March 20, with a rebounding US dollar offsetting reports of possible new measures by China to re-invigorate its weak property market.