March 2015

LBMA GOLD PRICE: The finer details

As the London Bullion Market Assn (LBMA) prepares to launch its new gold price, to be administered by the ICE Benchmark Administration (IBA), Metal Bulletin looks into the finer details of how it will work.

ASIAN MORNING BRIEF: Key moves and news for March 20

Latest news from the metal markets on the morning of Friday March 20.

Fall in indium, bismuth stocks on Fanya caused by delayed payments to suppliers

The fall in indium and bismuth stocks on the Fanya Metal Exchange last week was caused by a delay in payments for material delivered onto the exchange, which pushed some suppliers to withdraw their metal, sources told Metal Bulletin.

LME OFFICIALS: Copper prices up on short covering rally, post-Fed announcement

Copper prices ticked up during official trading on the London Metal Exchange on Thursday March 19, thanks to a short covering rally in the wake of the latest comments on US Federal Reserve policy.

Shanghai copper prices rangebound as market remains cautious

Copper prices on the Shanghai Futures Exchange (SHFE) were rangebound on Thursday March 19, amid uncertainty following an announcement from the US Federal Reserve.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

More than 50,000 tonnes of copper cancelled in Malaysian warehouses

Cancelled copper warrants, or stocks waiting to get out of warehouses, have surged in LME warehouses in Malaysia on the back of the uncertainty surrounding the new goods and services tax and its potential impact on LME business.

LME ASIAN WRAP: Copper rises on Fed comments

London Metal Exchange copper prices rose in Asian morning trading on Thursday March 19, after the US Federal Reserve announced a generally dovish stance on interest rate hikes.

ASIAN MORNING BRIEF: Key stories on March 19

Hello and good morning from Metal Bulletin’s London team, bringing you the key news and price moves affecting the market on Thursday March 19.

CLOSE TO CLOSE: Base metals prices fall as uncertainty remains over Fed news

Base metals prices suffered further falls during the kerb session on the London Metal Exchange on Wednesday March 18, as the market continues to await news from the US Federal Reserve on interest rate hikes.