March 2015

LME OFFICIALS: Copper prices slide further on Fed wariness, falling Chinese property prices

Copper prices fell further during the official session on the London Metal Exchange on Wednesday March 18, as market participants continue to wait for news from the US Federal Reserve and Chinese house prices were down.

Malaysia hopes to resolve LME issue: report

Malaysia’s customs department is seeking a solution regarding the status of metal stocks in London Metal Exchange warehouses in Johor and Port Klang after the bourse asked whether the stocks will be subject to a new goods and services tax (GST), a Malaysian newspaper report said on Wednesday March 18.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

Shanghai copper prices lose ground on macro fears

Copper prices on the Shanghai Futures Exchange (SHFE) dropped on Wednesday March 18 amid fears over the US Federal Reserve’s meeting tonight, as well as weak Chinese property data.

LME ASIAN WRAP: Copper rangebound ahead of Fed meeting

London Metal Exchange copper prices inched up in Asian morning on Wednesday March 18 ahead of the US Federal Reserve's meeting later today.

ASIAN MORNING BRIEF: Key stories on March 18

Hello and good morning from Metal Bulletin’s London team, bringing you up to date with the key news and price moves at the start of the Asian day.

Malaysian delisting could widen LME spreads, push metal elsewhere

The delisting of Malaysian warehouses by the London Metal Exchange in the event that they are not exempted from a new tax, which comes into force on April 1, would see more metal flow to other locations in Asia and ease spreads in the futures market, market sources said.

LME OFFICIALS: Copper prices under technical pressure; weaker dollar fails to support

Copper prices were under pressure on Tuesday March 17, falling markedly during the official session on the London Metal Exchange compared with the previous day, as a slightly weaker dollar failed to offer support.

Arbitrage for copper, aluminium and zinc imported into China*

Arbitrage for copper, aluminium and zinc imported into China*

Shanghai copper prices fall before Fed meeting, lower oil prices

Copper prices on the Shanghai Futures Exchange (SHFE) fell on Tuesday March 17 ahead of the US Federal Reserve’s meeting on Wednesday, as well as falling crude oil prices.