June 2014

CLOSE TO CLOSE: Base metals prices rise on anticipation of positive Chinese PMI

Base metal prices rose during kerb trading on the London Metal Exchange on Monday June 30, on the anticipation of an upbeat reading for the official Chinese manufacturing data for June.

Shanghai copper up amid tight supply

The Shanghai Futures Exchange (SHFE) copper prices were up on Monday June 30 amid tight supply even as investors awaited the official factory data.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

LME ASIAN WRAP: Copper down on lacklustre trading ahead of Chinese data

Copper prices on the London Metal Exchange fell during Asian morning trading on Monday June 30 as the market awaited official Chinese manufacturing data.

Normal trading resumes in LME copper spreads after apparent trader error

The Dec 14-Dec 15 copper spread was trading in a backwardation again on Friday June 27, after briefly unwinding into a contango in kerb trading on the London Metal Exchange a day earlier.

WEEK-IN-BRIEF: China's metal funds; Shanxi Coal exposed to Qingdao company; Qatalum's primary focus; death of senior Chinese copper exec

What metal stories and price moves have been on the agenda? Metal Bulletin editor Alex Harrison reviews the week

Shanghai copper ends week lower

The Shanghai Futures Exchange (SHFE) copper prices drifted lower on Friday June 27 in a lacklustre market amid the ongoing dull demand season.

SHFE vs LME arbitrage: copper, aluminium, zinc

Arbitrage for copper, aluminium and zinc imported into China*

China’s metal funds: where do they come from? And where are they going? [UPDATE]

The founders of the commodity hedge funds in China that seized the attention of the global metal markets in such a dramatic fashion in March had a long history of trading local futures markets in China before they entered the international markets: in copper and in cotton, for example.

LME ASIAN WRAP: Copper prices find support in dwindling stocks

The London Metal Exchange copper prices were supported by low stocks and tight spot supply in China during Asian morning trading on Friday June 27.