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MORNING VIEW: Base metals prices mainly firmer, helped by generally supportive Chinese economic data
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mainly firmer this morning, Monday October 19, supported by economic data out of China, especially the 6.9% rise in industrial production, but gross domestic production (GDP) data came in lower than expected.
October 19, 2020
·
By William Adams
Insights
ANALYSIS: Fears mount over South American corn supply crunch
The sight of cash offers in Brazil’s FOB Santos hub reaching premiums of 200 cents over the December contract was the...
October 16, 2020
·
By Fastmarket team
Insights
MORNING VIEW: Base metals, with the exception of lead, hold up well considering nervousness in broader markets
Base metals prices on the LME and the SHFE were mixed this morning, Friday October 16, but overall were holding up well despite growing concern over the spread of Covid-19 across Europe and the United States.
October 16, 2020
·
By William Adams
Insights
LME WEEK 2020: Base metals 2021 negotiations start in virtual ‘mating season’
With a virtual LME Week starting on Monday October 19, the base metals market is starting to focus on negotiating 2021 contracts. Here, read about how the evolving nature of virtual negotiations is affecting the aluminium, copper, nickel and tin markets.
October 16, 2020
·
Insights
MORNING VIEW: Base metals, broader prices mixed on cooling market sentiment
Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.
October 15, 2020
·
By William Adams
Insights
Argentine crush workers launch strike action over wage demands
Argentina’s crushers’ union federation FTCIOD has launched an indefinite nationwide strike to demand...
October 14, 2020
·
By Juan Pedro Tomas
Insights
PRICING NOTICE: Update to Fastmarkets’ consultation on low-carbon aluminium pricing
Fastmarkets is updating market participants on its initiative to price the physical low-carbon aluminium market.
October 14, 2020
·
Insights
NEWSBREAK: China to release new standards for steel scrap imports by end of year
China will release new standards for steel scrap imports by the end of 2020, the National Standard Formation Committee said at a recycled raw materials conference in Shanghai.
October 14, 2020
·
By Jessica Zong
Insights
Slow harvest, low stocks push China corn futures to new high
Corn futures in China have set new record highs as traders remain bullish amid the country’s slow harvest pace, depleted...
October 13, 2020
·
By Johnny Huang, Masha Belikova
Insights
Southern China port impounds copper slag cargo that was shipped as ‘concentrates’
Customs officials in southern China have impounded just under 10,000 tonnes of copper ‘concentrates’ after it turned out to be smelting waste, which is prohibited from entering the country.
October 13, 2020
·
By Julian Luk
Insights
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