November 2013

LME OFFICIALS: Base metals prices settle at opening levels to cap disappointing week

Base metals prices settled around their opening prices in the official session on Friday November 29, falling back after higher prices were seen in early trading.

Shanghai copper price up, stocks down

The Shanghai Futures Exchange copper edged up on Friday November 29 as inventories fell and improved data from Europe boosted sentiment.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper gains capped by strong dollar

Copper prices on the London Metal Exchange edged up on Friday but gains were capped by a stronger dollar on positive US data in the recent days.

CLOSE TO CLOSE: Copper prices break back above $7,000 in kerb

Copper prices recovered in kerb trading on Thursday November 28, after settling below $7,000 per tonne in the official session as all metals drifted downwards.

LME OFFICIALS: No bright spot for base metals as prices keep falling

Copper prices fell below $7,000 per tonne in the official session of the London Metal Exchange on Thursday November 28, as prices continued to drift in lieu of any positive market drivers.

Shanghai copper price moves down

The Shanghai Futures Exchange copper price was in downtrend on Thursday November 28 as Chinese industrial data failed to lend much support and the metal tracked overnight lows in London Metal Exchange price.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Gains for copper capped on US holiday

Copper prices on the London Metal Exchange edged up in muted trading on Thursday November 28 with investors on the sidelines ahead of a US holiday.

CLOSE TO CLOSE: Base metals prices fall in kerb on US durable goods drop

Base metals prices fell in kerb trading on the London Metal Exchange on Wednesday November 27, on disappointing durable goods orders in the USA.