FastMarkets

LIVE FUTURES REPORT 20/01: Copper back above $8,000/t; Al, Zn up 1%

There were gains across the board for the London Metal Exchange base metals this morning, Wednesday January 20, with a weaker US Dollar Index and a firm commitment on further...

MORNING VIEW: Base metals prices mixed but dips find support

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were once again mixed this morning, Wednesday January 20, but the likelihood of plentiful US fiscal stimulus in...

HOTTER ON METALS: Covid-19 to kill the LME ring

Covid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor.

LME proposes to permanently shut ring, incentivize electronic trade

The London Metal Exchange is proposing the permanent closure of its open-outcry trading floor and the incentivization of greater liquidity on its electronic trading platform, LMESelect.

EXCLUSIVE: Rabobank shuts commodity finance desks in London, Shanghai, Sydney

Rabobank will close its commodity trade finance desks in London, Shanghai and Sydney after reviewing the embattled sector last summer.

Rusal partners with Mingtai Aluminium to produce low-carbon products

Aluminium producer Rusal has partnered with Henan Mingtai Aluminium to deliver low-carbon aluminium products to meet growing market demand, it said on Tuesday January 19.

LIVE FUTURES REPORT 19/01: Copper sole LME base metal to make gains; Al continues to fall

Copper was the only base metal on the London Metal Exchange to register a gain during morning trading on Tuesday January 19, while aluminium’s forward price continued to drop and...

PRICING NOTICE: Amendment to No2 copper scrap discount assessment

After an extended consultation period, Fastmarkets has decided to amend its discount assessment for No2 copper scrap imported into China so that it is aligned with the country’s new import...

MORNING VIEW: LME base metals prices mixed with aluminium following zinc lower

Base metals prices on the London Metal Exchange were mixed this morning, Tuesday January 19, but aluminium prices have followed recent weakness in zinc, breaking support levels in the process.

MORNING VIEW: Base metals prices supported by strong data out of China

The base metals on the London Metal Exchange were mainly stronger this morning, Monday January 18, aided by some strong economic data in China, including gross domestic product (GDP) that...