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MORNING VIEW: LME copper price extends gains, other metals hold up in high ground
Markets were generally buoyant this morning, Thursday November 26, with more certainty on the horizon than of late, helped by US president-elect Joe Biden’s transition to the White House and with a rollout of the vaccines now insight, if things go according to plan.
November 26, 2020
·
By William Adams
Insights
Europe plans to have globally competitive EV battery industry by 2025, says EC
Europe could produce enough battery cells to meet the needs of its captive electric vehicle (EV) industry and could even be in a position to export batteries by 2025, according to the vice-president of the European Commission.
November 25, 2020
·
By Dalila Ouerghi
Insights
MORNING VIEW: Record highs on the Dow Jones highlight surge in confidence, which underpins already strong base metals
Base metals prices on the London Metal Exchange were mixed this morning, Wednesday November 25, as were those on the Shanghai Futures Exchange, but overall they seem to be consolidating in high ground, with copper having set a fresh high for the year at $7,360 per tonne earlier this morning.
November 25, 2020
·
By William Adams
Insights
China’s new crop barley buying spurs French prices on 1m mt rumours
The loss of supply from Australia has sparked an unusually early start to China's buying of new crop feed barley from key...
November 25, 2020
·
By Masha Belikova, Alex Riabukha
Insights
ABB, Talga sign agreement for Swedish battery anode project
Talga Resources has signed a Memorandum of Understanding (MoU) with global technology leader ABB to support the development and construction of Talga’s Vittangi anode project in northern Sweden.
November 25, 2020
·
By Sybil Pan
Insights
Yields remain low as Ukraine’s corn harvest hits 89% complete
Ukraine's 2020/21 corn harvest progressed seven percentage points over the week to November 24 and is now...
November 24, 2020
·
By Masha Belikova
Insights
LIVE FUTURES REPORT 24/11: Copper sets new year-to-date high, others follow upward
The three-month copper price on the London Metal Exchange rose to a peak not seen since June 2018 this morning, Tuesday November 24, pulling the rest of the complex higher after a day of correction on Monday.
November 24, 2020
·
By the Fastmarkets team
Insights
MORNING VIEW: Copper sets fresh high; broader markets mostly upbeat, while gold suffers
The base metals on the London Metal Exchange were firmer across the board this morning, Tuesday November 24, although those on the Shanghai Futures Exchange were mixed following the weakness seen on the LME on Monday.
November 24, 2020
·
By William Adams
Insights
US hot-rolled coil index nears $780/t; EAF mill targets $840/t
Hot-rolled coil prices in the United States have surged on confirmed buying activity and incredibly thin spot availability, prompting at least one electric-arc furnace (EAF) coil producer to quietly communicate a base price increase to customers, Fastmarkets has learned.
November 24, 2020
·
By Patrick Fitzgerald
Insights
Trafigura enters artisanal cobalt offtake with DRC government body
Commodities trader Trafigura and local government body Entreprise Générale du Cobalt (EGC) have penned an offtake agreement specifically for the supply of artisanal cobalt in a deal designed to concurrently formalize the sector.
November 23, 2020
·
By Michael Greenfield
Insights
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