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Clarification of copper grade A cathode, equivalent-grade cathode premium assessment specifications
Fastmarkets has clarified the specifications of its copper grade A cathode and non exchange-deliverable equivalent-grade (EQ) copper cathode premiums, to avoid any confusion regarding the deliverable status of its copper cathode assessments.
May 24, 2024
·
By Fastmarkets Staff
Insights
‘Party over’ for copper, prices fall notably following Monday’s record high
The three-month copper price on the London Metal Exchange has slumped significantly since hitting an all-time high of $11,104.50 per tonne on Monday May 20
May 23, 2024
·
By Albert MacKenzie
Insights
Copper fabricators reeling from higher copper prices, some request copper cathode shipment postponement
Copper fabricators in China and the wider Southeast Asian region continue to feel the pain of high copper prices on futures exchanges and a lack of new orderbooks, with some having already asked for a postponing of shipments of long-term copper cathodes, sources told Fastmarkets in the week to Wednesday, May 15.
May 23, 2024
·
By Sally Zhang
Insights
Copper set for a mini shake out
Could the copper market bullish marathon be taking a mini break? Fastmarkets senior analyst Andy Farida looks at London Metal Exchange copper price movements.
May 23, 2024
·
By Andy Farida
Insights
Record-high copper prices freeze Chinese spot trading
Global copper futures prices are in a frenzy, with record highs being logged on the New York-based Commodity Exchange (Comex), London Metal Exchange and Shanghai Futures Exchange (SHFE) in recent days
May 22, 2024
·
By Sally Zhang
Insights
Fundamental factors create ripe environment for recent copper price spike
Copper prices have pushed up on global metal exchanges in recent weeks and the London Metal Exchange three-month copper price hit an all-time high on Monday May 20, but what are the key reasons behind the record-breaking surge in prices?
May 22, 2024
·
By Albert MacKenzie
Insights
LME copper’s all-time high aided by funds positioning, COMEX squeeze on shorts
Fundamental supply tightness was part of the reason behind this week's LME three-month copper contract all-time high, but the rate of change was also down to an influx of financial investors and the interconnected squeeze on short positions on COMEX, sources told Fastmarkets
May 22, 2024
·
By Albert MacKenzie
Insights
What the BHP-Anglo American bidding battle tells us about copper
Anglo American's rejection of takeover bids by BHP has put copper firmly under the spotlight, but what challenges lie ahead for the red metal as the corporate tussle continues?
May 16, 2024
·
By James McKeigue
Insights
Copper fabricators reeling from higher copper prices, some request copper cathode shipment postponement
Copper fabricators in China and the wider Southeast Asian region continue to feel the pain of high copper prices on futures exchanges and a lack of new orderbooks, with some having already asked for a postponing of shipments of long-term copper cathodes, sources told Fastmarkets in the week to Wednesday May 15
May 15, 2024
·
By Sally Zhang
Insights
Record-low copper TC/RCs push miners to agree very-long term deals
Recent weeks have seen a significant number of miners agreeing sales of copper concentrate to traders for one to four years of supply, Fastmarkets has learned
May 13, 2024
·
By Albert MacKenzie, Sally Zhang
Insights
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